(plural escrows). ( 1 law) 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.
http://www.yourdictionary.com/escrow
2) n. originally escrow meant the deed held by the escrow agent. 3) n. colloquially, the escrow agent is called an escrow, while actually the escrow is the account and not a person. 4) v. to place the documents and funds in an escrow account, as in: we will escrow the deal..
http://legal-dictionary.thefreedictionary.com/Escrow+account
The writing is held in escrow by a third person until the purpose of the underlying agreement is accomplished. When the condition specified in the escrow agreement is performed, the individual holding the writing gives it over to the party entitled to receive it.
http://legal-dictionary.thefreedictionary.com/Escrow+account
An example of escrow is the holding of the deed and deposit money by an escrow agent for a home purchase while waiting for the completion of a list of conditions on both sides of the purchase.
http://www.yourdictionary.com/escrow
escrow-Legal Definition. n. An arrangement under which something (money, a document, or property) is held in trust by a third party until the occurrence of a condition allowing its release to a party to an underlying transaction.
http://www.yourdictionary.com/escrow
An escrow also refers to a writing deposited with someone until the performance of an act or the occurrence of an event specified in that writing.
http://legal-dictionary.thefreedictionary.com/escrow
Escrow. Something of value, such as a deed, stock, money, or written instrument, that is put into the custody of a third person by its owner, a grantor, an obligor, or a promisor, to be retained until the occurrence of a contingency or performance of a condition.
http://legal-dictionary.thefreedictionary.com/Escrow+account
The escrow agreement is a contract. The parties to such an agreement determine when the agreement should be released prior to making the deposit. After the escrow agreement has been entered, the terms for holding and releasing the document or money cannot be altered in the absence of an agreement by all the parties.
http://legal-dictionary.thefreedictionary.com/Escrow+account
An escrow also refers to a writing deposited with someone until the performance of an act or the occurrence of an event specified in that writing.
http://legal-dictionary.thefreedictionary.com/Escrow+account
escrow-Investment & Finance Definition. An account that holds money or securities until some agreed upon event or condition is met. Escrows typically are used when purchasing a home. The down payment, or good faith deposit, goes into an escrow account and is held until the funds are disbursed to the seller at closing.
http://www.yourdictionary.com/escrow
define escrow
Escrow is an arrangement under which something is held in trust by a third party until the occurrence of a condition allowing its release to a party to an underlying transaction.