Escrow Account

Escrow Account is an account typically held in a bank outside of the debtor country in which a fund is held for the specific disbursement. (Refer to the Escrow)

Related Definitions in the Project: The Project Cost; Commercial Definitions

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ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.