es·crow
1. 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.
2. to place in escrow: The home seller agrees to escrow the sum of $1000 with his attorney.
3. in escrow, in the keeping of a third person for delivery to a given party upon the fulfillment of some condition.
Citation:
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2010.
http://dictionary.reference.com/browse/escrow
Based on the Random House Dictionary, © Random House, Inc. 2010.
http://dictionary.reference.com/browse/escrow
Have Questions about Escrow?
