Bitcoin Forum

Other => Beginners & Help => Topic started by: BTC-TMXSTAR on November 24, 2014, 02:42:37 AM



Title: What does ROI and escrow mean?
Post by: BTC-TMXSTAR on November 24, 2014, 02:42:37 AM
Hi forumers!!!!!

What does ROI and escrow mean?


Thanks advance
and
God Bless!!!!!


Title: Re: What does ROI and escrow mean?
Post by: DannyHamilton on November 24, 2014, 02:50:55 AM
Hi forumers!!!!!

What does ROI and escrow mean?

ROI:
http://lmgtfy.com/?q=ROI&l=1

Escrow:
http://lmgtfy.com/?q=Escrow


Title: Re: What does ROI and escrow mean?
Post by: zggfb on November 24, 2014, 03:13:18 AM
Hi forumers!!!!!

What does ROI and escrow mean?


Thanks advance
and
God Bless!!!!!

escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled

RoI = Return of Investment


Title: Re: What does ROI and escrow mean?
Post by: sonofacoin on November 24, 2014, 04:32:19 AM
Hi forumers!!!!!

What does ROI and escrow mean?


Thanks advance
and
God Bless!!!!!

escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled

RoI = Return of Investment

+1

Escrow is a person or an institution that both of you trust to hold the money while negotiations and paper work takes place. The need for an escrow sometimes is to prove the funds are available and the buyer is not playing games.


Title: Re: What does ROI and escrow mean?
Post by: Yuki1988 on November 24, 2014, 07:13:38 AM
escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled

On top of that, the escrow service can be arranged in a m-of-n multisig manner so that the fund doesn't need to be held by the escrow. In such setup, the buyer and seller can release the escrowed bitcoin themselves even when the escrow is gone.


Title: Re: What does ROI and escrow mean?
Post by: BTC-TMXSTAR on November 24, 2014, 09:00:26 AM
Thanks for the help guys! :D
God bless!!!!!