ESC

Extra Statutory concession

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Technical descriptors
Variables that are used to describe the market on a technical basis.

Escrow
An item of value, money, or documents deposited with a third party to be delivered upon the fulfillment of a condition. For example, the deposit by a borrower with the lender of funds to pay taxes and insurance premiums when they become due, or the deposit of funds or documents with an attorney or escrow agent to be disbursed upon the closing of a sale of real estate.

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Benchmark

Benchmarks generally refer to standards or averages by which similar items can be compared. In the financial world, a company, a group of companies, or a portfolio are used as a standard of performance (i.e. benchmarking).


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