Share Escrow Account
An account opened with the Registrar by selling shareholders prior to the filing of the Red Herring Prospectus, into which they transfer their offered shares.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series II-A← All terms