Escrow definition

Escrow





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5 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  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.


     [1913 Webster]

From WordNet (r) 2.0 [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 Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:

  20 Moby Thesaurus words for "escrow":
     bail, bond, earnest, earnest money, gage, handsel, hock, hostage,
     mainprise, pawn, pignus, pledge, recognizance, replevin, replevy,
     surety, token payment, undertaking, vadimonium, vadium
  
  

From The Free On-line Dictionary of Computing (27 SEP 03) [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)
       
       

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  ESCROW, conveyancing, contracts. A conditional delivery of a deed to a 
  stranger, and not to the grantee himself, until certain conditions shall be 
  performed, and then it is to be delivered to the grantee. Until the 
  condition be performed and the deed delivered over, the estate does not 
  pass, but remains in the grantor. 2 Johns. R. 248; Perk. 137, 138. 
       2. Generally, an escrow takes effect from the second delivery, and is 
  to be considered as the deed of the party from that time; but this general 
  rule does not apply when justice requires a resort to fiction. The relation 
  back to the first delivery, so as to give the deed effect from that time, is 
  allowed in cases of necessity, to avoid injury to the operation of the deed, 
  from events happening between the first and second delivery. For example, 
  when a feme sole makes a deed and delivers it as an escrow, and then marries 
  before the second delivery, the relation back to the time when she was sole, 
  is necessary to render the deed valid. Vide 2 Bl. Com. 307; 2 Bouv. Inst. n. 
  2024; 4 Kent, Com. 446; Cruise, Dig. t. 32, c. 2, s. 87 to 91; Com. Dig. 
  Fait, A 3; 13 Vin. Ab. 29; 5 Mass. R. 60; 2 Root, R. 81; 5 Conn. R. 113; 1 
  Conn. R. 375; 6 Paige's R. 314; 2 Mass. R. 452; 10 Wend. R. 310; 4 Green]. 
  R. 20; 2 N. H. Rep. 71; 2 Watts', R. 359; 13 John. R. 285; 4 Day's R. 66; 9 
  Mass. R. 310 1 John. Cas. 81; 6 Wend. R. 666; 2 Wash. R. 58; 8 Mass. R. 238; 
  4 Watts, R. 180; 9 Mass. Rep. 310; 2 Johns. Rep. 258-9; 13 Johns. Rep. 285; 
  Cox, Dig. tit, Escrow; Prest. Shep. Touch. 56, 57, 58; Shep. Prec. 54, 56; 1 
  Prest. Abst. 275; 3 Prest. Ab. 65; 3 Rep. 35; 5 Rep. 84. 
  
  

















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