How are the principal terms used here defined?
A “Buyer” is an individual or corporation purchasing a product or service. A “Seller” is an individual or corporation selling a product or service. A “Deposit” is any deposit, advance, prepayment, partial payment, full payment, or moneys that are tendered by a Buyer on behalf of a Seller in exchange for, and in advance of, a satisfactorily delivery of a product or service by the Seller to the Buyer. A “Transaction” comprises an agreement by a Seller to satisfactorily deliver a product or service to a Buyer in exchange for a Deposit. The “EscrowCard Service” holds the crediting of a Deposit to the Seller until the Buyer has received satisfactorily delivery as per the terms of the Transaction. A “User” of the EscrowCard Service may act as a Seller in one Transaction and as a Buyer in another Transaction. A “day” is any calendar day. The “Transaction Date” is the day a Transaction is first entered into the EscrowCard system. The “Delivery-By-Date” is the day that the Seller and Buyer have
