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escrow


Main Entry: 1es·crow
Pronunciation: \ˈes-ˌkrō, es-ˈ\
Function: noun
Etymology: Anglo-French escroue scroll — more at scroll
Date: 1594

1 : a deed, a bond, money, or a piece of property held in trust by a third party to be turned over to the grantee only upon fulfillment of a condition
2 : a fund or deposit designed to serve as an escrow

in escrow : in trust as an escrow <had $1000 in escrow to pay taxes>


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