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  2. Escrow - Wikipedia

    en.wikipedia.org/wiki/Escrow

    Escrow companies are also commonly used in the transfer of high value personal and business property, like websites and businesses, and in the completion of person-to-person remote auctions (such as eBay), although the advent of new low-cost online escrow services has meant that even low-cost transactions are now starting to benefit from use of ...

  3. Source code escrow - Wikipedia

    en.wikipedia.org/wiki/Source_code_escrow

    the escrow agent. [2] The service provided by the escrow agent – generally a business dedicated to that purpose and independent from either party – consists principally in taking custody of the source code from the licensor and releasing it to the licensee only if the conditions specified in the escrow agreement are met. [2]

  4. Escrow insurance: What is it and when you need it - AOL

    www.aol.com/finance/escrow-insurance-235640110.html

    The real estate escrow, also known as a pre-sale escrow, is designed to protect the buyer and the seller if the purchase falls through. Sellers can request earnest money as a show of good faith ...

  5. Business letter - Wikipedia

    en.wikipedia.org/wiki/Business_letter

    Business letters can have many types of content, for example to request direct information or action from another party, to order supplies from a supplier, to point out a mistake by the letter's recipient, to reply directly to a request, to apologize for a wrong, or to convey goodwill. A business letter is sometimes useful because it produces a ...

  6. Escrow -- It's What Happens After Your Homebuying Offer Is ...

    www.aol.com/news/2012-12-05-closing-escrow-tips.html

    The escrow process But you haven't given up, and finally you get the call from your real estate agent: Your latest offer has been accepted! You might think it's the end of the road to property ...

  7. What is a mortgage escrow? How it works, as explained ... - AOL

    www.aol.com/mortgage-escrow-works-explained-nj...

    DeGrace said that doesn't mean every single mortgage borrower should have an escrow mortgage. If you're someone that knows how to budget, is putting 20% down or more and already has equity ...

  8. Business correspondence - Wikipedia

    en.wikipedia.org/wiki/Business_correspondence

    Business letters are the most formal method of communication following specific formats. They are addressed to a particular person or organization. A good business letter follows the seven C's of communication. The different types of business letters used based on their context are as follows, Letters of inquiry; Letters of claim/complaints

  9. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    Standby letter of credit (SBLC): Operates like a commercial letter of credit, except that typically it is retained as a standby instead of being the intended payment mechanism. In other words, this is an LC which is intended to provide a source of payment in the event of non-performance of contract.