escrow

[ UK /ˈɛskɹə‍ʊ/ ]
[ US /ˈɛskɹoʊ, ɛsˈkɹoʊ/ ]
NOUN
  1. 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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How To Use escrow In A Sentence

  • The downgrades applied to a variety of debt issues linked to the federal government, including pre-refunded bonds backed by escrowed Treasury notes, public finance housing authority issuers, and public finance debt issues with mortgage insurance from the Federal Housing Administration and mortgage revenue invested in short-term instruments guaranteed by the U.S. government. S&P Cuts Ratings on 11,000 Muni Issues
  • A key part of the arrangement is ensuring that what goes into the escrow is what the licensee expects.
  • The signed agreements will remain held in escrow until Neil receives the banker's draft.
  • The car seller agreed to escrow the sum of $ 2 000 with her attorney.
  • Instead, deposit it in an escrow account at a reputable bank and have all checks written from that account to the agent and the county.
  • Still, there on Chase Home Weasel letterhead are the words "We apologize," preceded by statements of Chase's various heinous acts: Yes, they escrowed us for payments that were not late, or missing, or even ours. Alfred Gingold: 'Chase Home Weasel' Backs off
  • Unlike legitimate weapons held openly in escrow, illegitimate covert weapons would be usable.
  • A friend of ours closed escrow on his new home on a Sunday.
  • It could be agreed between the parties that the monies in the escrow account should be held subject to the terms of the unexecuted settlement deed.
  • The death of the grantor whose deed is held in escrow does not invalidate the escrow.
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