escrow(redirected from Escrow account)
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Related to Escrow account: Escrow Agreement
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·crowsIdiom:
To place in escrow.
In trust as an escrow.
[Anglo-Norman escrowe, variant of Old French escroe, scroll; see scroll.]
escrow(ˈɛskrəʊ; ɛˈskrəʊ) law
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)
(Law) to place (money, a document, etc) in escrow
[C16: from Old French escroe, of Germanic origin; see screed, shred, scroll]
es•crow(ˈɛs kroʊ, ɪˈskroʊ)
1. a deed, funds, property, etc., deposited with a third party to be transferred to the grantee when certain conditions have been fulfilled.v.t.
2. to place in escrow.Idioms:
in escrow, held by a third party until certain conditions of an agreement, bequest, etc., are fulfilled: an estate in escrow.
[1590–1600; < Old French escro(u)e orig., piece of parchment or fabric < Frankish; see shred]
Past participle: escrowed