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      Question

      In project finance, which type of account—managed by a

      neutral third party—serves as a temporary holding mechanism for funds until all specified conditions are fulfilled?
      A Sinking Account Correct Answer Incorrect Answer
      B Retention Account Correct Answer Incorrect Answer
      C Trust Account Correct Answer Incorrect Answer
      D Escrow Account Correct Answer Incorrect Answer
      E Settlement Account Correct Answer Incorrect Answer

      Solution

      Escrow accounts hold funds until contract conditions are met, offering security to all parties.

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