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escrow

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escrow


  3  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  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. 
 
  From  WordNet  r  1.6  [wn]: 
 
  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 
 
  From  The  Free  On-line  Dictionary  of  Computing  (13  Mar  01)  [foldoc]: 
 
  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) 
 
 




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