escrow
Escrow (noun) means Money or property held by a neutral third party until agreed conditions are met. Example: “The deposit was held in escrow until the sale was finalized.”
How to use escrow
Learner’s notesIn plain EnglishMoney or property held safely by a third party until both sides of a deal fulfill their part.
Word forms
- Plural
- escrows
- Third person singular
- escrows
- Past tense
- escrowed
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The deposit was held in _____ until the sale was finalized.
Etymology
From Old French escroe, "a scrap or strip of parchment" (used for the document recording the agreement), related to the word "shred."
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