Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “escrow”

escrow

noun [U]
 
 
/ˈeskrəʊ/ US   /-kroʊ/
LAW, PROPERTY an agreement between two people or organizations in which money or property is kept by a third person or organization until a particular condition is met: The money was placed in escrow. Current rules require homeowners to collect the grants in installments from an escrow account.
(Definition of escrow from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of escrow?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “escrow”

Definitions of “escrow” in other dictionaries

Translations of “escrow”

Word of the Day

pint

a measure for liquid equal to about half a litre

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More