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escrow

[n. es-kroh, ih-skroh; v. ih-skroh, es-kroh] /n. ˈɛs kroʊ, ɪˈskroʊ; v. ɪˈskroʊ, ˈɛs kroʊ/
noun
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.
verb (used with object)
2.
to place in escrow:
The home seller agrees to escrow the sum of $1000 with his attorney.
Idioms
3.
in escrow, in the keeping of a third person for delivery to a given party upon the fulfillment of some condition.
Origin
1590-1600
1590-1600; < Anglo-French escro(u)we, Old French escro(u)e. See scroll
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for in escrow

escrow

/ˈɛskrəʊ; ɛˈskrəʊ/
noun
1.
money, goods, or a written document, such as a contract bond, delivered to a third party and held by him pending fulfilment of some condition
2.
the state or condition of being an escrow (esp in the phrase in escrow)
verb (transitive)
3.
to place (money, a document, etc) in escrow
Word Origin
C16: from Old French escroe, of Germanic origin; see screed, shred, scroll
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for in escrow

escrow

n.

1590s, from Anglo-French escrowe, from Old French escroue "scrap, roll of parchment," from a Germanic source akin to Old High German scrot "a scrap, shred, a piece cut off" (see shred (n.)). Originally "a deed delivered to a third person until a future condition is satisfied;" sense of "deposit held in trust or security" is from 1888.

Online Etymology Dictionary, © 2010 Douglas Harper
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in escrow in Culture
escrow [(es-kroh)]

The condition of being ineffective until certain conditions are met. For example, money inherited by a minor might be held in escrow until the heir reaches a certain age. Homeowners with mortgages frequently pay money for insurance and taxes on their home into an escrow account each month. The holder of the mortgage then pays the insurance and tax bills out of the escrow account when the bills are due.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Idioms and Phrases with in escrow

in escrow

In trust with a third party for delivery after certain conditions are fulfilled. For example, Our down payment on the house is in escrow until the current owner makes the promised repairs. This legal term dates from the late 1800s.
The American Heritage® Idioms Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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