Meaning of ESCROW
| Pronunciation: | | 'eskrow
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 WordNet Dictionary |
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| | Definition: | | [n] 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 |
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| | See Also: | | written agreement | |
| Webster's 1913 Dictionary |
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| | Definition: | | \Es"crow\, n. [OF. escroe, escroue, a roll of writings,
bond. See {Scroll}.] (Law)
A deed, bond, or other written engagement, delivered to a
third person, to be held by him till some act is done or some
condition is performed, and then to be by him delivered to
the grantee. --Blackstone.
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| Computing Dictionary |
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| | Definition: | | An arrangement where something (generally money or documents) is held in trust ("in escrow") by a trusted third party until certain agreed conditions are met. In computing the term is used for key escrow and also for source code escrow. |
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| Legal Dictionary |
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| | Definition: | | Money or a written instrument such as a deed that, by agreement between two parties, is held by a neutral third party (held in escrow) until all conditions of the agreement are met. |
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| Thesaurus Terms |
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| | Related Terms: | | bail, bond, earnest, earnest money, gage, handsel, hock, hostage, mainprise, pawn, pignus, pledge, recognizance, replevin, replevy, surety, token payment, undertaking, vadimonium, vadium |
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