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Escrow Receipt
(redirected from Escrow Receipts)

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Escrow receipt
A document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.
Escrow Receipt
A statement by a bank to the holder of a call option stating that the writer (or seller) of the option has deposited the underlying asset with the bank. This guarantees that delivery will be made in proper course should the holder exercise the option.
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The ratings apply to a unit consisting of the certificates and escrow receipts.
Standard & Poor's Rates Continental Airlines' Pass-thru Certificates by PR Newswire
When this is not possible, the escrow receipts which are uninvested between the escrow payment dates and the refunded bond payment dates create the inefficiency.
Understanding current and advance refundings by Jordan, Larry / Government Finance Review
The preliminary ratings apply to a unit consisting of the certificates and escrow receipts.
US Airways Inc Pass-thrus Assigned Prelim Rtgs by S& by Business Wire
 
 
 
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