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escrow
(redirected from escrowing)

    Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.06 sec.

escrow

In law, a document sealed and delivered to a third party and not released or coming into effect until some condition has been fulfilled or performed, whereupon the document takes full effect.

Money deposited with a neutral third party to be delivered when conditions of a contract are fulfilled, as in real estate transactions, is commonly referred to as escrow.



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? Mentioned in ? References in periodicals archive
 
A process for escrowing keys is defining a secure place to store keys, a method of getting the keys there, and a way to track the keys to know where they are.
Encryption: secure encrypted backups by careful key management; ... by Starr, Matt / Computer Technology Review
The new mortgage includes escrowing municipal taxes, which eliminates the risk of future delinquency.
First Hallmark lends to the needy by Real Estate Weekly
In such situations, a prudent purchaser will endeavor to avoid post-transaction tax problems by escrowing a sufficient portion of the purchase price to cover any state and local tax contingencies.
Sales/use tax considerations in asset transactions by Schaefer, Frank / The Tax Adviser
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