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Definition of Escrow
1. Noun. 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.
Definition of Escrow
1. n. 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.
Definition of Escrow
1. Noun. (legal) 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. ¹
2. Noun. (legal) In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited. ¹
3. Noun. (legal) Money or other property so deposited is also loosely referred to as escrow. ¹
4. Verb. To place in escrow. ¹
¹ Source: wiktionary.com
Definition of Escrow
1. to place in the custody of a third party [v -ED, -ING, -S]
Lexicographical Neighbors of Escrow
Literary usage of Escrow
Below you will find example usage of this term as found in modern and/or classical literature:
1. Roscoe's Digest of the Law of Evidence on the Trial of Actions at Nisi Prius by Maurice Powell, Henry Roscoe (1884)
"escrow.] A condition previously expressed, though not introduced iato the act of
delivery, is sufficient to make it a delivery as an escrow. ..."
2. The American and English Encyclopedia of Law by John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland (1888)
"becoming, as the agent of both parties, the depositary of an •escrow.1 And it is
held that there is not such a personal identity between a corporation and ..."
3. Digest of the Law of Evidence on the Trial of Actions at Nisi Prius by Maurice Powell, Henry Roscoe (1891)
"Where A. executes an instrument and delivers it to B. as an escrow to be ...
And delivery7 to a third person is not essential to a delivery as an escrow. ..."
4. The American and English Encyclopedia of Law by John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland (1888)
"An escrow is an obligatory writing (usually, but not necessarily, ... By the
Touchstone an escrow is defined to be "where one doth make and seal a deed, ..."
5. The Law of Pleading and Evidence in Civil Actions: Arranged Alphabetically by John Simcoe Saunders (1844)
"As to the form of a plea of delivering of a bond as an escrow, it sometimes
commences with the allegation, actio non; but, as the validity of the deed is ..."
Other Resources:
