escrow balance

escrow balance
See 'restricted balance'

Euroclear glossary. 2008.

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  • escrow balance — See restricted balance Euroclear Clearing and Settlement glossary …   Financial and business terms

  • Escrow payment — is the common term referring to the portion of a mortgage payment that is designated to pay for real property taxes and hazard insurance. It is an amount over and above the principal and interest portion of a mortgage payment. Since the escrow… …   Wikipedia

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  • restricted balance — This balance type is used to block securities in the Party account in relation to elections relating to certain corporate actions. The holding is under the direct control of the system paying agent, who is the only one who can transfer securities …   Euroclear glossary

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