escrow
A contractual arrangement whereby money or assets are held in trust by an independent…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.
Meaning
2 senses(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.
Hinterlegung
(countable, informal, uncountable)The money or assets so held.
- a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition
Translations
3 languagesBy meaning 1
Origin
Learned borrowing from Law French escrowe, from Old French escroe (“register, note; bit ofLearned 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.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: escrowsWord family
3 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable