escrow
1 of 2noun
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 2verb
es·crow e-ˈskrō ˈe-ˌskrō
ˈe-ˌskrō escrowed; escrowing; escrows
transitive verb
: to place in escrow
Did you know?
the form of a deed, money or property, escrow is that is held by a third party and handed over to the grantee only upon the fulfillment of some condition. In commercial usage, this condition is most often the performance of some act by the party who is to receive the instrument. Escrow is also used in family transactions (as when the death of one family member results in an instrument being delivered to another family member).
Example Sentences
Recent Examples on the Web
Carlos R. Muñoz, BostonGlobe.com, 22 Aug. 2022 The city of San Diego closed escrow without much fanfare on two downtown high-rises earlier this month, transferring $132 million in cash to the trustee that controlled the 101 Ash St. and Civic Center Plaza properties. San Diego Union-Tribune, 21 Aug. 2022 The property was in escrow when the fire came, and the sale fell though. Los Angeles Times, 15 Aug. 2022 The funds were reportedly placed into a state escrow account but never paid out — because the Department of Revenue couldn’t find Ripton. Jon Gorey, BostonGlobe.com, 14 Aug. 2022 The escrow account is the secure way to make the contribution for the transaction. Nancy Meek, Forbes, 9 Aug. 2022 Previously, the program covered delinquent taxes just for applicants who paid taxes through a lender’s escrow account. Los Angeles Times, 16 June 2022 The release date for Selling Sunset season 6 is currently in escrow. Adrianna Freedman, Good Housekeeping, 31 July 2022 Nelson had to turn over more than $800,000; Northstar chief executive Brian Watson and his company were ordered to put $25 million in escrow. Rachel Weiner, Washington Post, 15 July 2022 Jennifer Van Grove, San Diego Union-Tribune, 19 Apr. 2022 Buyers would escrow the difference with the U.S. Treasury. Patrick Jenevein, Fortune, 12 Apr. 2022 The Tailgate Park transaction must close escrow before the end of the year to remain shielded from the state’s stricter disposition laws for surplus land. Jennifer Van Grove, San Diego Union-Tribune, 10 Mar. 2022 The city and Padres are racing against the clock — because of state disposition laws, the transaction must close escrow by Dec. 23 or it will be aborted altogether. Jennifer Van Grove, San Diego Union-Tribune, 3 Mar. 2022 Starting next summer, McCarty’s AB 1466 will require Realtors, title companies and escrow companies to notify buyers of any racial covenants, as well as their right to modify them. Lauren Hepler, San Francisco Chronicle, 15 Nov. 2021 While the seller is going to get the same amount of money, many local agents say sellers will go with cash offers to make sure the purchase closes escrow. Phillip Molnar, San Diego Union-Tribune, 9 July 2021 The building, which includes two other small businesses at the corner of Vista Way, has been sold to a developer who plans extensive renovations once escrow closes in August. Phil Diehl, San Diego Union-Tribune, 11 July 2021 At the very start of the pandemic, agency lenders required borrowers to escrow 18 months of property taxes and interest payments to qualify for acquisition loans. Lee Kiser, Forbes, 13 May 2021 See More
Noun
The town and Ballard’s reached a settlement agreement, according to records, which stated that Ballard’s agreed to deliver their liquor license to the town solicitor to be held in escrow for 24 hours. Carlos R. Muñoz, BostonGlobe.com, 22 Aug. 2022 The city of San Diego closed escrow without much fanfare on two downtown high-rises earlier this month, transferring $132 million in cash to the trustee that controlled the 101 Ash St. and Civic Center Plaza properties. San Diego Union-Tribune, 21 Aug. 2022 The property was in escrow when the fire came, and the sale fell though. Los Angeles Times, 15 Aug. 2022 The funds were reportedly placed into a state escrow account but never paid out — because the Department of Revenue couldn’t find Ripton. Jon Gorey, BostonGlobe.com, 14 Aug. 2022 The escrow account is the secure way to make the contribution for the transaction. Nancy Meek, Forbes, 9 Aug. 2022 Previously, the program covered delinquent taxes just for applicants who paid taxes through a lender’s escrow account. Los Angeles Times, 16 June 2022 The release date for Selling Sunset season 6 is currently in escrow. Adrianna Freedman, Good Housekeeping, 31 July 2022 Nelson had to turn over more than $800,000; Northstar chief executive Brian Watson and his company were ordered to put $25 million in escrow. Rachel Weiner, Washington Post, 15 July 2022 Verb
Even with the approval, the Tailgate Park transaction must close escrow before the end of the year to remain shielded from the state’s stricter disposition laws for surplus land. Jennifer Van Grove, San Diego Union-Tribune, 19 Apr. 2022 Buyers would escrow the difference with the U.S. Treasury. Patrick Jenevein, Fortune, 12 Apr. 2022 The Tailgate Park transaction must close escrow before the end of the year to remain shielded from the state’s stricter disposition laws for surplus land. Jennifer Van Grove, San Diego Union-Tribune, 10 Mar. 2022 The city and Padres are racing against the clock — because of state disposition laws, the transaction must close escrow by Dec. 23 or it will be aborted altogether. Jennifer Van Grove, San Diego Union-Tribune, 3 Mar. 2022 Starting next summer, McCarty’s AB 1466 will require Realtors, title companies and escrow companies to notify buyers of any racial covenants, as well as their right to modify them. Lauren Hepler, San Francisco Chronicle, 15 Nov. 2021 While the seller is going to get the same amount of money, many local agents say sellers will go with cash offers to make sure the purchase closes escrow. Phillip Molnar, San Diego Union-Tribune, 9 July 2021 The building, which includes two other small businesses at the corner of Vista Way, has been sold to a developer who plans extensive renovations once escrow closes in August. Phil Diehl, San Diego Union-Tribune, 11 July 2021 At the very start of the pandemic, agency lenders required borrowers to escrow 18 months of property taxes and interest payments to qualify for acquisition loans. Lee Kiser, Forbes, 13 May 2021 See More 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
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 2transitive verb
: to cause to be held as an escrow : place in escrow
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