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EXPLANATION :
- The outstanding securities of an issuer that are subject to a escrow agreement that restricts the ability of certain security holders of that issuer from trading or otherwise dealing in those securities until certain conditions are satisfied .
STATEMENT :
- Escrowed securities is the holding of the deed and deposit money by an escrow agent from a home purchase while waiting for the completion of a list of conditions on both sides of purchase.
Escrow is a financial agreement involving two parties, usually the buyer and the seller.
A class of securities created by the national securities market improvement act that enjoy federally imposed exemption from state restriction and regulations
Securities that are held, typically in an escrow account, to be used solely for a designated purpose.
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