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more about escrow
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]: escrowAn 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)
more about escrow