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Definition of 'Escrowed Shares'
Shares held in an escrow account and in most cases cannot be traded or transfered until certain circumstances like time horizon have been reached. The use of escrow for holding shares is often done during acquisitions and for performance-based executive incentives.
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Investopedia explains 'Escrowed Shares'
These shares can be held by an escrow company or by the exchange the shares trade on.
Let's say a company puts up shares as a guarantee on an acquisition. Should that firm rescind the offer, they're likely to lose the shares.
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Search results for 'Escrowed Shares'
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http://www.investopedia.com/exam-guide/series-26/investment-companies/breakpoints.asp
... not completed the investment amount within the 13 months, he or she can make up
the difference in sales charges by either redeeming escrowed shares or paying ...
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http://www.investopedia.com/exam-guide/finra-series-6/investment-companies/sales-charges.asp
... not completed the investment amount within the 13 months, he or she can make up
the difference in sales charges by either redeeming escrowed shares or paying ...
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