escrow en · NOUN
Pronunciation
- /ˈɛ.skɹoʊ̯/ (General-American)
- (Southern-England) audio
- /ˈɛ.skɹəʊ̯/ (UK)
Etymology
Learned borrowing from Law French escrowe, from Old French escroe (“register, note; bit of parchment; piece”), from Frankish *skrōda (“piece”), from Proto-Germanic *skraudō, derivative of Proto-Germanic *skraudaną (“to shred”). Doublet of scrow and shred and partially scroll.
Meanings
-
(countable, uncountable) A contractual arrangement whereby money or assets are held in trust by an independent agent by the agreement of the parties, which can only be released to the relevant party once certain contractual conditions have been fulfilled.
“Well, Dominic,” Della suddenly chimed in. “Seeing as this place of yours is still under escrow, seems to me it's not really yours yet, is it?”
2012, Madison Lake, Jade Lake, Salon Antics, page 22:GCN staffers wrote and called our landlords, complaining about the building's disrepair, for months before informing them, in September, 1985, that we would pay our rent into an escrow account until repairs were made.
1987 May 9, “Setting the Record Strai..., um, Out in the Open”, in Gay Community News, page 4:The court will decide which party is the rightful owner of the items in escrow.
2006, Kathryn J Haupt, Principles of California Real Estate, page 305:
- (countable, informal, uncountable) The money or assets so held.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| escrows | Number=Plur | lexicographic |
Deriveds
Relateds
Translations (15)
cs svěřenectví (contractual arrangement) · bg ескроу (contractual arrangement) · cs majetek v úschově (money or other property so held) · ca béns en fideïcomís (money or other property so held) · pl majątek w depozycie (money or other property so held) · id eskro (contractual arrangement) · cs úschova (contractual arrangement) · de Hinterlegung (contractual arrangement) · bg сметка под условие (contractual arrangement) · ca fideïcomís (contractual arrangement) · pl depozyt (contractual arrangement) · nl derdengelden (money or other property so held) · cs majetek ve svěřenectví (money or other property so held) · pt fideicomisso (contractual arrangement) · pl przechowanie (contractual arrangement)