Escrow in general refers to a third party acting as an intermediary trusted by both parties. This works for source code, but also for money, goods, or anything

Escrow in general refers to a third party acting as an intermediary trusted by both parties. This works for source code, but also for money, goods, or anything else. Say if I want to buy a large diamond from you, you hand it over to the trusted escrow service, I give them a big pile of money. Once they have the money, they give me the diamond, and then give you the money. Only in the case of source code, I give them the code, and they won't give it to you until I go out of business. They get paid for that, of course. In our case, we uploaded source code an escrow service's servers.