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Topic: What does ROI and escrow mean? (Read 1080 times)

full member
Activity: 224
Merit: 100
November 24, 2014, 04:00:26 AM
#6
Thanks for the help guys! Cheesy
God bless!!!!!
hero member
Activity: 614
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November 24, 2014, 02:13:38 AM
#5
escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled

On top of that, the escrow service can be arranged in a m-of-n multisig manner so that the fund doesn't need to be held by the escrow. In such setup, the buyer and seller can release the escrowed bitcoin themselves even when the escrow is gone.
member
Activity: 79
Merit: 10
November 23, 2014, 11:32:19 PM
#4
Hi forumers!!!!!

What does ROI and escrow mean?


Thanks advance
and
God Bless!!!!!

escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled

RoI = Return of Investment

+1

Escrow is a person or an institution that both of you trust to hold the money while negotiations and paper work takes place. The need for an escrow sometimes is to prove the funds are available and the buyer is not playing games.
member
Activity: 84
Merit: 10
November 23, 2014, 10:13:18 PM
#3
Hi forumers!!!!!

What does ROI and escrow mean?


Thanks advance
and
God Bless!!!!!

escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled

RoI = Return of Investment
legendary
Activity: 3472
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full member
Activity: 224
Merit: 100
November 23, 2014, 09:42:37 PM
#1
Hi forumers!!!!!

What does ROI and escrow mean?


Thanks advance
and
God Bless!!!!!
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