in escrow

in escrow
phrasal in trust as an escrow <
had $1000 in escrow to pay taxes

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • In Escrow — An item such as money or a piece of property that has been transferred to a third party with the intentions of delivery to a grantee as part of a binding agreement. Valuables in escrow are delivered, generally by an escrow agent, to a grantee… …   Investment dictionary

  • Escrow — is a legal arrangement in which an asset (such as cash, real property or other tangible assets) is deposited into safekeeping (e.g., a bank account) under the trust of a neutral third party (escrow agent) pending satisfaction of contractual… …   Wikipedia

  • escrow — I noun conditional deed held in trust, conditional instrument, contingent deed held in trust, entrustment, instrument held until the performance of a condition, written instrument of contingency II index binder Burton s Legal Thesaurus. William C …   Law dictionary

  • in trust — adverb held in pledge, held in trust, in escrow, under fiduciary control Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Escrow — A financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled.… …   Investment dictionary

  • escrow — n. /es kroh, i skroh /; v. /i skroh , es kroh/, Law. n. 1. a contract, deed, bond, or other written agreement deposited with a third person, by whom it is to be delivered to the grantee or promisee on the fulfillment of some condition. 2. in… …   Universalium

  • escrow — Property or money held by a third party until the agreed upon obligations of a contract are met. Bloomberg Financial Dictionary * * * escrow es‧crow [ˈeskrəʊ ǁ kroʊ] noun [uncountable] LAW 1. when money or Securities related to a business deal or …   Financial and business terms

  • escrow — 1. noun /ˈɛskɹoʊ/ a) A written instrument, such as a deed, temporarily deposited with a neutral third party (the Escrow agent), by the agreement of two parties to a valid contract. The escrow agent will deliver the document to the benefited party …   Wiktionary

  • Escrow Agent — An entity that has fiduciary responsibilities in the transfer of property from one party to another. Typically associated with selling or buying a home or other property, the escrow agent will secure the property and examine documents to make… …   Investment dictionary

  • escrow — I. noun Etymology: Anglo French escroue scroll more at scroll Date: 1594 1. a deed, a bond, money, or a piece of property held in trust by a third party to be turned over to the grantee only upon fulfillment of a condition 2. a fund or deposit… …   New Collegiate Dictionary

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