The terms are used interchangeably, but "Security for Expenses" is the legal term contained within s12 of the Party Wall etc. Act 1996.
This is the name that s12 of the Party Wall etc. Act 1996 gives.
This is how it is often referred to in everyday language.
You can read more about this in our article: "An introduction to Party Wall Security for Expenses".
Private escrow accounts provide security, trust and transparency to ongoing or ad-hoc payment requirements.
Third-Party Managed Accounts (TPMA's) are a convenient way to manage complex, high-value or even routine payment operations.