escrow Hear it!

escrow definition

es·crow (es′krō′)

noun

Law a written agreement or something of value put in the care of a third party and not delivered until certain conditions are fulfilled

Etymology: OFr escroue, roll of writings, bond < ML scroda < MDu schrot, piece cut off: see shred

escrow Idioms

in escrow

☆
Law put in the care of a third party until certain conditions are fulfilled: said of a deed, money, etc.

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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