A service that provides transaction security by acting as an impartial trusted third party, holding onto an asset until the terms of a contract have been fulfilled.<\/p>\n","protected":false},"excerpt":{"rendered":"
A service that provides transaction security by acting as an impartial trusted third party, holding onto an asset until the terms of a contract have been fulfilled.<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_cryptoslate_glossary_part_of_speech":"noun","_cryptoslate_glossary_phonetic_spelling":"ES-kroh","_cryptoslate_glossary_example_sentences":["The buyer placed the funds in escrow until the seller delivered the agreed asset.","A smart-contract escrow released payment only after both conditions were satisfied.","Using escrow reduced the risk that either party would fail to complete the trade.","The neutral escrow provider held the tokens while the dispute was reviewed.","The funds were returned to the buyer when the escrow deadline expired."]},"glossary_topic":[83427,83429],"acf":[],"yoast_head":"\n