Escrow
noun
Escrow is a legal arrangement in which a third party temporarily holds money or property until a specified condition is met.
The buyer's deposit will be held in escrow until the sale is finalized.
Usage tips
Formal
escrow account, escrow agent, escrow agreement
noun
A financial arrangement to ensure the security of an investment or transaction.
The money was put in escrow to protect both the buyer and the seller.
Usage tips
Neutral
escrow payment, funds in escrow, escrow process
noun
Escrow is a legal arrangement in which a third party temporarily holds money or property until a specified condition is met.
The buyer's deposit will be held in escrow until the sale is finalized.
Usage tips
Formal
escrow account, escrow agent, escrow agreement
noun
A financial arrangement to ensure the security of an investment or transaction.
The money was put in escrow to protect both the buyer and the seller.
Usage tips
Neutral
escrow payment, funds in escrow, escrow process
Definition 1 of 2
Pro Tip 1/1Always confirm the terms of escrow
Make sure you know the conditions that release funds
Understand the role of the escrow agent to ensure a fair transaction.
Pro Tip 1/1Always confirm the terms of escrow
Make sure you know the conditions that release funds
Understand the role of the escrow agent to ensure a fair transaction.
Pro Tip 1/1Always confirm the terms of escrow
Make sure you know the conditions that release funds
Understand the role of the escrow agent to ensure a fair transaction.
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