escrow

1 of 2

noun

es·​crow ˈe-ˌskrō  e-ˈskrō 

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

escrow

2 of 2

verb

es·​crow e-ˈskrō  ˈe-ˌskrō 

escrowed; escrowing; escrows

transitive verb

: to place in escrow

Phrases

in escrow

: in trust as an escrow

had $1000 in escrow to pay taxes

Examples of escrow in a Sentence

Recent Examples on the Web

Noun

The amendment would crack down on landlords with repeat violations, revamp a program that allows tenants to put their rent payments into an escrow account if their home isn't safe and tweak lead inspection requirements. —Nushrat Rahman, Detroit Free Press, 30 Oct. 2024

In July 2023, Do’s daughter used the escrow account funds to purchase a home, in her name, in Tustin for $1,035,000. —Michael Slaten, Orange County Register, 22 Oct. 2024

Verb

However, some mortgage lenders may require borrowers to escrow additional C-PACE reserves, as it is treated like real estate tax and technically holds priority over the senior mortgage, although C-PACE cannot be accelerated like a traditional loan. 2. —Can (jon) Tavsanoglu, Forbes, 10 Oct. 2024

His business also offers up to a $3,000 rebate home buyers for anything from closing costs to escrow. —Nick Rosenberger, Idaho Statesman, 15 Apr. 2024

Word History

Etymology

Noun

Anglo-French escroue scroll — more at scroll

First Known Use

Noun

1594, in the meaning defined at sense 1

Verb

1946, in the meaning defined above

Phrases Containing escrow

• in escrow

Kids Definition

escrow

noun

es·​crow

e-ˈskrō

: something (as a deed or a sum of money) delivered by one person to another to be delivered by the second to a third party only upon the fulfillment of a condition

escrow verb

Legal Definition

escrow

1 of 2 noun

es·​crow ˈes-ˌkrō 

1

: an instrument and especially a deed or money or property held by a third party to be turned over to the grantee and become effective only upon the fulfillment of some condition

2

: a fund or deposit designed to serve as an escrow

escrow

2 of 2 transitive verb

: to cause to be held as an escrow : place in escrow

Etymology

Noun

Anglo-French escroue deed delivered on condition, literally, scroll, strip of parchment, from Old French escroe