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Retained A retained part of the financial transaction in order to validate the goods qualitywhich will be released to finalise the deal only after the pre-agreed period of time during which the Product will be validated for the compliance with the terms and conditions of the deal.

It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.


See also

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Business