escrow Hear it!

escrow Definition

es·crow (eskrō′)

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.

escrow Finance Definition

An account that holds money or securities until some agreed upon event or condition is met. Escrows typically are used when purchasing a home. The down payment, or good faith deposit, goes into an escrow account and is held until the funds are disbursed to the seller at closing.

escrow Law Definition

n

An arrangement under which something (money, a document, or property) is held in trust by a third party until the occurrence of a condition allowing its release to a party to an underlying transaction. For example, a down payment may be held in escrow, typically by the realtor or a lawyer, until the closing of a real estate transaction.

escrow Usage Examples

Object

key: The current administration proposal does not require a court order to get the escrowed keys themselves.

Converse of object

  • buy: Your friend consider also buying escrow to come up.
  • require: Some states require escrow accounts to be set up during the buying process to be held in readiness for completion of a deal.

Adjective modifier

  • Key: Key escrow would have to be global to achieve its stated purpose, and there is now no prospect of this.
  • key: Who will pay for the key escrow ` ` service, ' ' probably an agency with dozens of people, including armed guards?
  • mandatory: However, I have not advocated mandatory key escrow.

Modifies a noun

  • account: Most lenders will require you to setup an escrow account prior to giving you a loan.
  • agent: Do you really think that we will protect these escrow agents any better?
  • instance: It then attaches to the escrow instance, if any, pointed by second, and increments the new escrow's reference count.
  • balance: Escrow Adjustment This is stock only transaction used by members of CREST to move stock between escrow balances within a member account.
  • fee: Thousand dollars ' worth escrow fees are there is no.
  • agreement: A real estate expert should approve each escrow agreement before the bank makes the loan.

Noun used with modifier

  • technology: These services are designed to protect and manage intellectual property through technology escrow and domain name records management.
  • IOU: Causes a copy of the specified exception to be stored inside the IOU escrow object.
  • code: This remains the only benchmark of source code escrow for purchasers, suppliers, escrow agents and compliance assessors.
  • source: This remains the only benchmark of source code escrow for purchasers, suppliers, escrow agents and compliance assessors.
  • party: A recent High Court Case highlights the urgent need for third party escrow agents.

Possessives

count: It then attaches to the escrow instance, if any, pointed by second, and increments the new escrow's reference count.

Browse dictionary entries near escrow

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  9. Escher
  10. escheatment
  1. escudo
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