escrows Meaning & Definition
What Does Escrows Mean?
As a noun, escrows means plural of escrow. As a verb, it means third-person singular simple present indicative of escrow. As a verb, it means To place in escrow.
Escrows Definition (Noun)
- plural of escrow
Escrows as a Verb
- third-person singular simple present indicative of escrow
Noun
- 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.
- In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited.
- Money or other property so deposited is also loosely referred to as escrow.
- The state of property deposited with an escrow agent.
Verb
- To place in escrow.
Synonyms of Escrows
The source does not list synonyms for this entry.
Escrows synonyms and antonyms →Word Forms & Grammar
escrows