Escrow Definition
ĕskrō, ĕ-skrō
escrows
noun
A written agreement or something of value put in the care of a third party and not delivered until certain conditions are fulfilled.
Webster's New World
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.
Webster's New World Law
(law) In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited.
Wiktionary
(law) Money or other property so deposited is also loosely referred to as escrow.
Wiktionary
The state of property deposited with an escrow agent.
Wiktionary
verb
To place in escrow.
American Heritage
To place in escrow.
Wiktionary
idiom
in escrow
- In trust as an escrow.
American Heritage
in escrow
- put in the care of a third party until certain conditions are fulfilled
Webster's New World
Idioms, Phrasal Verbs Related to Escrow
- in escrow
- in escrow
Origin of Escrow
-
Anglo-Norman escrowe variant of Old French escroe scroll scroll
From American Heritage Dictionary of the English Language, 5th Edition
From Middle English escrowl (“scroll”), from Old French escroue.
From Wiktionary
Escrow Is Also Mentioned In
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