English version

escrow in Law topic

From Longman Dictionary of Contemporary Englishescrowes‧crow /ˈeskrəʊ $ -kroʊ/ noun [uncountable] law 🔊 🔊 SCLmoney, land, or a written contract etc that is held by someone who is not directly involved in an agreement while the agreement is being achieved 🔊 a property held in escrow
Examples from the Corpus
escrowInterest would meanwhile be paid into an escrow account.Overseas debtors and any others over 90 days to be held in escrow or subject to a specific warranty.The executed legal charge was sent to Warrens to be held, in escrow, pending completion.Interest on the moneys held in escrow will follow the principal.And considered quickly, since the property is in escrow.The proceeds from the newly issued bonds were generally invested by investment bankers in U. S. Treasury securities and placed in escrow.Key escrow may not work all the time.held in escrowOverseas debtors and any others over 90 days to be held in escrow or subject to a specific warranty.Interest on the moneys held in escrow will follow the principal.