Definition of Escrow:
An agreement in which the process, amount of money, title or property or other documents are entered into by a neutral third party (called an administrator) for a specified period or up to the first part (a settler, debtor, or terminating language) Occurs in a situation or event. When the requirements are met or the declared event is stated in the custody account, the custodian must return his / her assets or documents to the other designated party (known as the recipient, lender or language slip). ۔ Approval
Synonyms of Escrow
Vadimonium, Gage, Hostage, Vadium, Earnest, Bail, Hock, Pignus, Pledge, Earnest money, Bond, Undertaking, Mainprise, Replevy, Token payment, Surety, Replevin, Pawn, Handsel, Recognizance
How to use Escrow in a sentence?
- In the drug market, Silk Road has created small guarantee accounts so that buyers and sellers do not have to worry about fraud.
- Eleanor McBride wanted to find her home as soon as possible when the warehouse found out that her ex-husband was immediately cheating on her, but the money she was saving in the new house went bankrupt. That was not enough for anyone else. Have to do. Another plus
- The couple had to pay several thousand dollars as a suicide bomber while waiting for their home to be completed and closed.
Meaning of Escrow & Escrow Definition