Cont de Garantie
English translation: escrow account
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| 06:49 Sep 4, 2013 |
| Romanian to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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|  Selected response from: Radu DANAILA Romania Local time: 17:44 | ||||||
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| 4 +1 | escrow account |
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Answers
4 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1escrow account Explanation: escrow account = cont de garanţie blocat / depozit bancar (încredinţat spre păstrare unei terţe persoane pt. a fi restituit cesionarului după îndeplinirea unei condiţii) http://www.dictionarenglezroman.ro/dictionar/escrow "escrow account (1) A separate bank account for keeping money that is the property of others. Attorneys and real estate agents are required to keep escrow accounts for client money and not commingle client money with their own funds.(2) An accounting entry by a mortgage lender showing the amount on hand from the borrower's monthly budget loan payments to pay real estate taxes and insurance when those bills become due." http://financial-dictionary.thefreedictionary.com/escrow acc... -------------------------------------------------- Note added at 1 day1 hr (2013-09-05 07:55:36 GMT) Post-grading -------------------------------------------------- multumesc |
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