OTC group terminology

#WTS - Want to sell

#WTB - Want to buy

Escrow or Guarantor — a person who controls honest fulfillment of terms of the deal.

Escrow in the classical sense is an insurance account in a bank, the funds from which are transferred to the seller after the fulfillment of the terms of the deal.

Security Deposit / Collateral / Safe deposit — a security deposit for the duration of the deal (usually on the seller's side) used as a guarantee of fulfillment of deal terms.

In case the person who left the deposit is in breach of terms — the deposit will go in favor of the affected party.

DM/PM - “contact me in direct/private messages”.

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