Hinterlegung — meaning in English

English meaning

• deposit noun A sum of money paid into a bank account, or an initial partial payment made to secure a purchase.
• escrow noun Money or property held by a neutral third party until agreed conditions are met.

Senses

Hinterlegung is used for these senses in English:

• deposit (banking) Money placed in a bank account, as for safekeeping or to earn interest.
• escrow (legal) 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.

deposit — full definition

1. noun A sum of money paid into a bank account, or an initial partial payment made to secure a purchase.
2. noun A layer of material, such as minerals or sediment, that has built up naturally in a particular place.
3. verb To put money into a bank account, or to leave something in a particular place.

escrow — full definition

1. noun Money or property held by a neutral third party until agreed conditions are met.
2. verb To place money or property in the custody of a neutral third party until conditions are met.

Related German words