What technical term refers to documents/money held by a third party while agreement/conditions are fulfilled between two others?
Escrow parchment; this indicated the deed that a third party held until a transaction was completed. Escrow generally refers to money held by a third-party on behalf of transacting parties. It is mostly used regarding the purchase of shares of a company. It is best known in the United States in the context of real estate (specifically in mortgages where the mortgage company establishes an escrow account to pay property tax and insurance during the term of the mortgage). Escrow is an account separate from the mortgage account where deposit of funds occurs for payment of certain conditions that apply to
Agreement on Technical Barriers to Trade Agreement on the Application of Sanitary and Phytosanitary Measures) and "purchasing specifications prepared by governmental bodies for production or consumption requirements of governmental bodies" (Art. 1.4). The scope of the TBT consists of substantive scope (what measures are included), personal scope (to whom the measures apply), and temporal scope. There are three categories of substantive measures found in Annex 1 of the TBT; technical regulations, standard, and conformity assessment. The Appellate Body in "EC-Asbestos" held these to be a limited class of measures. A technical regulation is a document stipulating conditions that is mandatory. The measures may include terminology, symbols,