Definitions for "escrow receipt"
Keywords:  etm, esop, maturity
Escrowed to Maturity (ETM) ESOP
A certificate which guarantees that the securities underlying an option contract...
A document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.
A document providing evidence of the existence of collateral. An escrow receipt may be used to protect a securities firm carrying a customer's short option position. The escrow receipt certifies that collateral adequate to protect the broker and the clearing corporation has been deposited with the bank or trust company issuing the escrow receipt.