Source Code Escrow
Definition - What does Source Code Escrow mean?
Techopedia explains Source Code Escrow
From the customers' perspective, source code escrow is a kind of safeguard for their investment in a software program, the same way that a performance bond or other surety bond is a provision for investment in special projects. Source code escrow protects both parties and helps with overall change management, for example, making provisions in case the vendor goes bankrupt.