dash-docs/en/glossary/escrow-contract.html
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Escrow contract
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<h1 id="escrow-contract">Escrow Contract</h1>
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<p><span>This definition comes from the <a href="/en/developer-glossary">technical glossary</a>.</span></p>
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<h2 id="definition">Definition</h2>
<p>A transaction in which a spender and receiver place funds in a 2-of-2 (or other <a href="/en/glossary/multisig" title="A pubkey script that provides *n* number of pubkeys and requires the corresponding signature script provide *m* minimum number signatures corresponding to the provided pubkeys." class="auto-link">m-of-n</a>) <a href="/en/glossary/multisig" title="A pubkey script that provides *n* number of pubkeys and requires the corresponding signature script provide *m* minimum number signatures corresponding to the provided pubkeys." class="auto-link">multisig output</a> so that neither can spend the funds until theyre both satisfied with some external outcome.</p>
<h3 id="synonyms">Synonyms</h3>
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<li>Escrow contract</li>
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<h3 id="links">Links</h3>
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<p><a href="/en/developer-guide#term-escrow-contract">Escrow contract</a> — Developer Guide</p>
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<li>
<p><a href="https://en.bitcoin.it/wiki/Contracts#Example_2:_Escrow_and_dispute_mediation">Escrow and dispute mediation</a> — Bitcoin Wiki</p>
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