Escrow Agent
From Open Risk Manual
Definition
Escrow Agent. An agent which acts in escrow for the delivery of some Deliverable Obligation in the context of some CDS contract.
See Also
Issues and Challenges
Identified at SME Review as being one possible mechanism which may be used in some cases, and specified as such in the CDS contract, for delivery of the Deliverable Obligation. Deifnition Origin:SMER
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Escrow Agent"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/CreditDerivatives/CreditDefaultSwaps/index-en.html + |
