Meaning Of The Word Escrow
What's the definition of Escrow? Find Escrow meanings, definitions and more at the Real Dictionary online.
Escrow Meaning
| Escrow Definition |
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What's The Definition Of Escrow?
escrow
Escrow is money or property which is given to someone, but which is kept by another person until the first person has done a particular thing or met particular requirements. escrow in American English a written agreement or something of value put in the care of a third party and not delivered until certain conditions are fulfilled noun: 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 escrow in British English to place (money, a document, etc) in escrow noun: money, goods, or a written document, such as a contract bond, delivered to a third party and held by him or her pending fulfilment of some condition escrow in Finance noun: Escrow is money held by an independent third party to facilitate a financial transaction between two other parties. |
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