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Definition

Escrow

Portion of purchase price held by a third party post-close to backstop seller indemnities.

A typical escrow is 5–15% of consideration, held for 12–24 months, releasing automatically barring a claim. Escrow is the simplest form of holdback; alternatives include the deferred-consideration note and rep-and-warranty insurance, which lets the seller take more cash at close in exchange for the buyer paying a premium to an insurer.

See also

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