Escrow receipt

ESCROW RECEIPT - A document provided by a bank in options trading to guarantee that the underlying secu...
ESCROW REIMBURSEMENT - The return to the borrower of left over funds held in escrow once the debt has b...

Escrow Receipt: A certificate issued by an approved depository (usually a financial institution) to c clearing corporation on behalf of an investor evidencing ownership of the underlying Call /interest/stock/?bond.

Escrow Receipt
A certificate issued by a bank guaranteeing that the options writer has the option's underlying securities on deposit at the bank and that they will be delivered to the broker if the option is exercised.

ESCROW RECEIPT " The certificate provided by an approved bank which guarantees that the underlying securities of an option contract are on deposit at the bank and will be delivered if the option is exercised.

Option Holder (finance term)
strike price
Writing Naked (business term)
Escrow Receipt (finance term) ...

Depository trust receipt: A written guarantee that can be used for money or stock, and to cover either calls or puts. Unlike escrow receipts or bank guarantee letters, which can only be used once, ...

Property or money held by a third party until the agreed upon obligations of a contract are met.
Escrow receipt ...

escrow receipt A certificate which guarantees that the securities underlying an option contract...

See also: Escrow, Banks, Expense, Eurobonds, Funding