See Also: Escrow(law)
escrow(dictionary)
escrow(dictionary)
Escrow(finance)
escrow(encyclopedia)
Escrow(money)
ESCROW ACCOUNT(law)
Escrow receipt(money)
ESCROW AGENT(law)
Escrow receipt(finance)

escrow (iou)



escrow noun & verb. M17.
[Anglo-Norman escrowe, Old French escroe scrap, scroll from medieval Latin scroda from Germanic base of SHRED noun.]
A. noun.
Law. A deed held by a third party and taking effect only when a stated condition is fulfilled. M17.
A deposit or fund held in trust or as a security. N. Amer. L19.
in escrow in trust as an escrow.
attrib.: New Yorker Banks began to advertise escrow services for drilling ventures.
b. verb trans. Place in escrow. US. E20.