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escrow
(redirected from Escrow Agreement)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
es·crow  (skr, -skr)
n.
Money, property, a deed, or a bond put into the custody of a third party for delivery to a grantee only after the fulfillment of the conditions specified.
tr.v. es·crowed, es·crow·ing, es·crows
To place in escrow.
Idiom:
in escrow
In trust as an escrow.

[Anglo-Norman escrowe, variant of Old French escroe, scroll; see scroll.]

escrow [ˈɛskrəʊ ɛˈskrəʊ] Law
n
1. (Law) money, goods, or a written document, such as a contract bond, delivered to a third party and held by him pending fulfilment of some condition
2. (Law) the state or condition of being an escrow (esp in the phrase in escrow)
vb (tr)
(Law) to place (money, a document, etc.) in escrow
[from Old French escroe, of Germanic origin; see screed, shred, scroll]
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.escrow - a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition
written agreement - a legal document summarizing the agreement between parties
Translations
escrow [ˈeskrəʊ]
A. Ndepósito m en fideicomiso
in escrowen depósito
B. CPD escrow account N (Fin) → cuenta f de plica
escrow
n escrow accountAnderkonto nt; to put money in escrowGeld auf ein Anderkonto legen


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However a statement from Birmingham to the Stock Exchange on Thursday said: "The board of Birmingham announces that on 20 August 2009 it entered into an escrow agreement with Grandtop International Holdings Limited, the holder of an existing 29.
As a compromise between the competing interests of the contracted architect and developer, it is also possible to use an escrow agreement.
The escrow agent holds the source code according to the terms and conditions set out in a tripartite, escrow agreement between the agent, owner and the software user.
 
 
 
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