- escrow account
- A bank account created by a special deposit to be held in escrow and returned to the depositor upon the occurrence of a specified contingency. 10 Am J2d Banks § 366.
Ballentine's law dictionary. Anderson, W.S.. 1998.
escrow account
Look at other dictionaries:
Escrow Account — Escrow bedeutet so viel wie Treuhand oder Hinterlegung. Inhaltsverzeichnis 1 Etymologie 2 Software Kontext 3 Treuhand Kontext 4 Weblinks // … Deutsch Wikipedia
escrow account — n. A bank account into which funds are held as security until the escrow condition is fulfilled. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. escrow account … Law dictionary
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escrow account — A bank account generally held in the name of the depositor and an escrow agent which is returnable to depositor or paid to third person on the fulfillment of escrow condition; e.g. funds for payment of real estate taxes are commonly paid into… … Black's law dictionary
escrow account — A bank account generally held in the name of the depositor and an escrow agent which is returnable to depositor or paid to third person on the fulfillment of escrow condition; e.g. funds for payment of real estate taxes are commonly paid into… … Black's law dictionary
escrow account — / eskrəυ əˌkaυnt/ noun US an account where money is held in escrow until a contract is signed or until goods are delivered … Marketing dictionary in english
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Escrow — is a legal arrangement in which an asset (such as cash, real property or other tangible assets) is deposited into safekeeping (e.g., a bank account) under the trust of a neutral third party (escrow agent) pending satisfaction of contractual… … Wikipedia
escrow — I noun conditional deed held in trust, conditional instrument, contingent deed held in trust, entrustment, instrument held until the performance of a condition, written instrument of contingency II index binder Burton s Legal Thesaurus. William C … Law dictionary
Escrow payment — is the common term referring to the portion of a mortgage payment that is designated to pay for real property taxes and hazard insurance. It is an amount over and above the principal and interest portion of a mortgage payment. Since the escrow… … Wikipedia
