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Meaning of ESCROW

Pronunciation:  'eskrow

 
WordNet Dictionary
 
 Definition: 
[n]  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
 

ESCROW is a 6 letter word that starts with E.

 

 See Also: written agreement

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Es"crow\, n. [OF. escroe, escroue, a roll of writings,
bond. See {Scroll}.] (Law)
A deed, bond, or other written engagement, delivered to a
third person, to be held by him till some act is done or some
condition is performed, and then to be by him delivered to
the grantee. --Blackstone.

 
Computing Dictionary
 
 Definition: 

An arrangement where something (generally money or documents) is held in trust ("in escrow") by a trusted third party until certain agreed conditions are met. In computing the term is used for key escrow and also for source code escrow.

 
Legal Dictionary
 
 Definition: Money or a written instrument such as a deed that, by agreement between two parties, is held by a neutral third party (held in escrow) until all conditions of the agreement are met.
 
Thesaurus Terms
 
 Related Terms: bail, bond, earnest, earnest money, gage, handsel, hock, hostage, mainprise, pawn, pignus, pledge, recognizance, replevin, replevy, surety, token payment, undertaking, vadimonium, vadium
 

 

 

 

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