Online Dictionary

escrow Explained

escrow at CMU American English spelling Of Explained:

(noun) ['eskrəu]
(verb) [es'krəu]

escrow at English => English (English Etymology) Of Explained:

1598, from Anglo-Fr. escrowe, from O.Fr. escroue "scrap, roll of parchment," from a Gmc. source akin to O.H.G. scrot "scrap, shred." Originally "a deed delivered to a third person until a future condition is satisfied;" sense of "deposit held in trust or security" is from 1888. ///

escrow at English => English (Longman) Of Explained:

n [U] law [Date: 1600-1700; Language: Old French; Origin: escroue; SCROLL1]// money, land, or a written contract, etc that is held by someone who is not directly involved in an agreement while the agreement is being achieved// --a property that is being held in escrow //

escrow at English => English (GNU/Linux) Of Explained:

In general, escrow means to hold something aside in case of eventualities. Analogy: For example, one company provide software that another company sells imbedded in their hardware. The second company (the OEM) is scared that the first company may go out of business, so requests that the first company put the source code for the software in escrow. Should the first company go out of business, the second company would still be able to sell their product. Key point: Law enforcement is constantly pushing for key escrow where a third party holds back-door keys to all encryption products. Law enforcement would then be able to obtain these keys with a court order into order to decrypt messages or eavesdrop on communications. They first propose a variant of the two-person rule in order to prevent abuse of the system. From Hacking-Lexicon http://www.tldp.org/LDP/Linux-Dictionary/

escrow at English => English (The Britannica Concise) Of Explained:

Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. In commercial usage, this condition is most often the performance of an act (e.g., payment) by the party who is to receive the instrument. Escrow is also used in family transactions (e.g., when a death in the family results in an instrument being delivered to another family member).

escrow at English => English (Moby Thesaurus II) Of Explained:

20 Moby Thesaurus words for "escrow":
bail, bond, earnest, earnest money, gage, handsel, hock, hostage,
mainprise, pawn, pignus, pledge, recognizance, replevin, replevy,
surety, token payment, undertaking, vadimonium, vadium

ESCROW at English => English (Bouviers Law) Of Explained:

ESCROW, conveyancing, contracts. A conditional delivery of a deed to a
stranger, and not to the grantee himself, until certain conditions shall be
performed, and then it is to be delivered to the grantee. Until the
condition be performed and the deed delivered over, the estate does not
pass, but remains in the grantor. 2 Johns. R. 248; Perk. 137, 138.
2. Generally, an escrow takes effect from the second delivery, and is
to be considered as the deed of the party from that time; but this general
rule does not apply when justice requires a resort to fiction. The relation
back to the first delivery, so as to give the deed effect from that time, is
allowed in cases of necessity, to avoid injury to the operation of the deed,
from events happening between the first and second delivery. For example,
when a feme sole makes a deed and delivers it as an escrow, and then marries
before the second delivery, the relation back to the time when she was sole,
is necessary to render the deed valid. Vide 2 Bl. Com. 307; 2 Bouv. Inst. n.
2024; 4 Kent, Com. 446; Cruise, Dig. t. 32, c. 2, s. 87 to 91; Com. Dig.
Fait, A 3; 13 Vin. Ab. 29; 5 Mass. R. 60; 2 Root, R. 81; 5 Conn. R. 113; 1
Conn. R. 375; 6 Paige's R. 314; 2 Mass. R. 452; 10 Wend. R. 310; 4 Green].
R. 20; 2 N. H. Rep. 71; 2 Watts', R. 359; 13 John. R. 285; 4 Day's R. 66; 9
Mass. R. 310 1 John. Cas. 81; 6 Wend. R. 666; 2 Wash. R. 58; 8 Mass. R. 238;
4 Watts, R. 180; 9 Mass. Rep. 310; 2 Johns. Rep. 258-9; 13 Johns. Rep. 285;
Cox, Dig. tit, Escrow; Prest. Shep. Touch. 56, 57, 58; Shep. Prec. 54, 56; 1
Prest. Abst. 275; 3 Prest. Ab. 65; 3 Rep. 35; 5 Rep. 84.

Escrow at English => English (Websters 1913) Of Explained:

Escrow \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.

escrow at English => English (Computer) Of Explained:

escrow

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}.

(1999-12-14)

escrow at English => English (WordNet) Of Explained:

escrow
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

escrow at English (WD) Of Explained:

Inter: wikipedi » a

English

Etymology

From Inter: etyl » enm Inter: term » escrowl||scroll|lang=enm, from Inter: etyl » fro Inter: term » escroue|lang=fro.

Pronunciation

* Inter: IPA » /ˈɛskɹoʊ/

Noun

Inter: en-nou » n
  • Inter: lega » l A written instrument, such as a deed, temporarily deposited with a neutral third party (the Escrow agent), by the agreement of two parties to a valid contract. The escrow agent will deliver the document to the benefited party when the conditions of the contract have been met. The depositor has no control over the instrument in escrow.
    1. Inter: lega » l In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited.
    2. Inter: lega » l Money or other property so deposited is also loosely referred to as escrow.

      Translations

      Inter: trans-to » p

  • Dutch: Inter: t+ » nl|borg
  • Finnish: kolmannen osapuolen haltuun uskottu asiakirja, escrow
  • French: Inter: t+ » fr|fiducie

  • Inter: trans-mi » d
    • German: Treuhand
    • Lithuanian: Salyginio deponavimo sutartis
    • Spanish: Inter: t+ » es|fideicomiso
    • Swedish: Inter: t- » sv|deposition


    Inter: trans-botto » m

    Verb

    Inter: en-ver » b
  • To place in escrow.
    1. Inter: quote-news » year=2007|date=March 3|author=Vikas Bajaj|title=U.S. Urges Lenders to Revise Standards on Granting Credit|work=New York Times|url=http://www.nytimes.com/2007/03/03/business/03lend.html


    |passage=The regulators suggest that in underwriting these loans, lenders be required to take into account the ability of the borrowers to make monthly payments at the higher rates and also property taxes and homeowners insurance, which are often not escrowed monthly in subprime loans.

    Anagrams

    * cowers
    Translation: et » escrow
    Translation: fa » escrow
    Translation: fr » escrow
    Translation: ko » escrow
    Translation: io » escrow
    Translation: ml » escrow
    Translation: pl » escrow
    Translation: ta » escrow
    Translation: vi » escrow
    Translation: zh » escrow