Definition of Escrow

money or something of value held in trust by a third party for two other parties in a contract

Examples of Escrow in a sentence

When my parents died, I inherited money that will be in escrow until I turn twenty-one years old.  🔊

The couple placed the deed to their house in escrow to make sure all their terms for selling were met.  🔊

I left 500 shares of stock in escrow with instructions not to sell until it reaches $15 a share.  🔊

With some terms still unsettled, we should have put the funds to buy out the company in escrow.  🔊

The agent brought the papers for Fran to sign at work so she could get the check out of escrow.  🔊

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