Engineered wood floors can be more resistant to moisture and tend to be more stable. While no wood product can tolerate water standing on it, the increased moisture levels over concrete aren't a problem for most engineered wood floors.
The key to this increased stability and moisture tolerance comes from how an engineered wood floor is made.
Originally, engineered wood floors were developed for use on the first floor of a home built on a concrete slab or in a basement. But engineered wood flooring technology has exploded over the last 20 years, and its products can be used just about anywhere, including in places where you'd expect to find plank floors.