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Definition escrow
Etymology
From Middle English escrowe, ascrowe (“escrow”), from Old French escroe, escrowe (“scroll, strip of parchment”), from Frankish *skr?da (“a shred”). Doublet of scroll.
Noun
escrow (countable and uncountable, plural escrows)
- (law) 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.
- (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.
- (law) Money or other property so deposited is also loosely referred to as escrow.
- The state of property deposited with an escrow agent.
Verb
escrow (third-person singular simple present escrows, present participle escrowing, simple past and past participle escrowed)
- To place in escrow.
Results 209 Words with the letters ESCROW
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