escrow

Definitions

  • WordNet 3.6
    • n 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
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Webster's Revised Unabridged Dictionary
    • n Escrow (Law) 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.
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Century Dictionary and Cyclopedia
    • n escrow In law, a writing fully executed by the parties, but put into the custody of a third person to hold until the fulfilment of some condition, when it is to be delivered to the grantee. Not until such delivery does it take effect as a deed or binding contract, and then it ceases to be called an escrow. But the word deed is often applied in a loose way to the writing from the time of its execution, in anticipation of its becoming the deed of the party by ultimate delivery.
    • n escrow The conditional execution and deposit of an instrument in such way.
    • n escrow The custody of a writing so deposited.
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Etymology

Webster's Revised Unabridged Dictionary
OF. escroe, escroue, a roll of writings, bond. See Scroll

Usage

In literature:

In the hands of a third person it may be made an escrow.
"Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson" by Thomas Jefferson
As I say, the deeds to your mine are held in escrow.
"The Cross-Cut" by Courtney Ryley Cooper
He, Lafond, had the promise of the property; but even yet the deeds were in escrow at Rapid.
"The Westerners" by Stewart Edward White
Close escrow next week.
"Makers" by Cory Doctorow
When the deal was in escrow we advertised in the local newspaper that we had furniture for sale.
"Four and Twenty Beds" by Nancy Vogel
The deed's in escrow in Wells, Fargo & Co.'s.
"Miss Dividends" by Archibald Clavering Gunter
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In news:

New York Rangers center Brad Richards (19) will get an escrow refund check worth about $960,000 gross.
NHL players expect to get escrow checks Wednesday.
Attorney Escrow Accounts 101 LPM CLE Program.
Title, Escrow Industries Facing Shortage Of Qualified NSAs.
Germany Floats Greek Escrow Account as Schaeuble Sees No Default.
A grand opening celebration was held Sept 29 in Del Mar for Case Escrow .
Midwest Title and Escrow , LLC, Owner Anna Ewers, left, with California Branch Manager Carolyn Kiesling.
Escrow Fraud and Real Estate.
Hospitality Houses Closes Escrow on New Building.
Hospitality house, the nomadic shelter program for our area homeless people, closed escrow on their new building.
Illinois Racing Gets Escrow Funding.
Roughly $141 million in an escrow account has been freed up for use by the Illinois horse racing industry, according to published reports.
Why does your lending institution require you to escrow money so that it can pay your real estate tax and your homeowner's insurance policy.
The lending community says escrows — or impounds — help you manage your budget.
The white says it expects a deal on BP's escrow fund soon.
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