Associations to the word «Escrow»

Wiktionary

ESCROW, noun. (legal) A written instrument, such as a deed, temporarily deposited with a neutral third party (the Escrow agent), by the agreement of two parties to a valid contract. The escrow agent will deliver the document to the benefited party when the conditions of the contract have been met. The depositor has no control over the instrument in escrow.
ESCROW, noun. (legal) In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited.
ESCROW, noun. (legal) Money or other property so deposited is also loosely referred to as escrow.
ESCROW, noun. The state of property deposited with an escrow agent.
ESCROW, verb. To place in escrow.

Dictionary definition

ESCROW, noun. A written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition.

Wise words

Life has no meaning unless one lives it with a will, at least to the limit of one's will. Virtue, good, evil are nothing but words, unless one takes them apart in order to build something with them; they do not win their true meaning until one knows how to apply them.
Paul Gauguin