ESCROW


Meaning of ESCROW in English

n. & v. Law

--n.

1. money, property, or a written bond, kept in the custody of a third party until a specified condition has been fulfilled.

2 the status of this (in escrow).

--v.tr. place in escrow.

Etymology: AF escrowe, OF escroe scrap, scroll, f. med.L scroda f. Gmc

Oxford English vocab.      Оксфордский английский словарь.