What does ESCROW mean?

Definitions for ESCROW
ˈɛs kroʊ, ɪˈskroʊes·crow

This dictionary definitions page includes all the possible meanings, example usage and translations of the word ESCROW.

Princeton's WordNet

  1. escrownoun

    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

Wiktionary

  1. escrownoun

    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 when the conditions of the contract have been met. The depositor has no control over the instrument in escrow.

  2. escrownoun

    In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited.

  3. escrownoun

    Money or other property so deposited is also loosely referred to as escrow.

  4. escrowverb

    To place in escrow.

  5. Etymology: From escrowl, from escroue.

Wikipedia

  1. Escrow

    An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties. Examples include an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums. The word derives from the Old French word escroue, meaning a scrap of paper or a scroll of parchment; this indicated the deed that a third party held until a transaction was completed.

ChatGPT

  1. escrow

    Escrow is a legal arrangement in which a third party holds and regulates payment or important documents for the primary transacting parties, with the disbursement dependent on conditions agreed by the transacting parties. It is designed to ensure transactions are completed securely and safely, reducing the risk of fraud by ensuring the payment is only released when all conditions of the agreement are met. It is commonly used in real estate transactions, online sales, and other situations requiring a neutral party to oversee the transaction.

Webster Dictionary

  1. Escrownoun

    a deed, bond, or other written engagement, delivered to a third person, to be held by him till some act is done or some condition is performed, and then to be by him delivered to the grantee

  2. Etymology: [OF. escroe, escroue, a roll of writings, bond. See Scroll.]

Wikidata

  1. Escrow

    An escrow is: ⁕an arrangement made under contractual provisions between transacting parties, whereby an independent trusted third party receives and disburses money or documents for the transacting parties, with the timing of such disbursement by the third party dependent on the fulfillment of contractually-agreed conditions by the transacting parties, or ⁕an account established by a broker, under the provisions of license law, for the purpose of holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, ⁕a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums. The word derives from the Old French word escroue, meaning a scrap of paper or a roll of parchment; this indicated the deed that a third party held until a transaction was completed.

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Numerology

  1. Chaldean Numerology

    The numerical value of ESCROW in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of ESCROW in Pythagorean Numerology is: 2

Examples of ESCROW in a Sentence

  1. William Deere:

    The U.S. government issued an order to place all UNRWA funds in escrow because UNRWA won’t change its curriculum. The U.S. has not buckled under.

  2. Hugh Brasher:

    Any payment over $ 50,000 is put in an escrow account and paid over a five year period, we brought that in 12 months ago - biological passports take time to catch someone.

  3. Gary Bettman:

    We have a fairly large escrow to be made up, and until we do, the cap is basically flat, the increase in value obviously is going to shorten the timeframe that perhaps many had projected when we did the return to play for last season and extended the collective bargaining agreement.

  4. Alexis Tsipras:

    If I agree to such an escrow, I can buy a ticket to fly to any other country, because back home they'll think that I sold out Greece.

Popularity rank by frequency of use

ESCROW#10000#15188#100000

Translations for ESCROW

From our Multilingual Translation Dictionary

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"ESCROW." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/ESCROW>.

Discuss these ESCROW definitions with the community:

1 Comment
  • Sally J Conway
    Sally J Conway
    does buyer of home grt escrow money back, after completion of loan???
    LikeReply6 years ago

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