Escrow
escrow (noun) - money or property to be given to someone, but held by another third person until some conditions are met
in escrow
hold in escrow
hold funds in escrow for x years
held under escrow
an escrow account
publicise an escrow account
prefer to see the funds paid into an escrow account
an escrow account out of the control of
amounts paid into escrow
paid into an escrow account
interest paid into an escrow account
legal fees held in escrow
held in escrow pending completion
held in escrow and released after...
proceeds paid into an escrow account
real estate escrow
an escrow agent
Example sentences:
* The bank will hold the funds in escrow for five years, during which will release amounts only for attorney's fees, and in some cases, for expenses
* The legal fees were to be held in escrow pending completion.
* The payment amount will be held in escrow and released following the signing of the final agreement.
* "Interest on the moneys held in escrow will follow the principal."
* One of the most demanding of the software developer's standard contract terms involves the vendor's commitment to provide, under escrow if necessary, a copy of the product's source code with the purchase.
* We are required to publicise the escrow account, the balance of which is paid to the person if he or she is not convicted or at the end of the five year period.
* All amounts paid into escrow will be duly recorded.
* One of the most colourful figures to testify was a Maryland escrow agent Marilyn Harrell, who revealed that she had used an estimated $5 million to buy houses and cars for poor families, to pay off mortgages, and to set up construction companies.
* Interest would meanwhile be paid into an escrow account.
* "They were reported to have ended with an agreement involving the appointment of an Iraqi representative on the UN escrow fund managing oil revenues, and permission for Iraq to send observers to oversee oil-pumping operations alongside UN inspectors."
* "The government refused to accept UN conditions that proceeds should be paid into a UN escrow account."
* "Instead, the vendor will prefer to see the retention monies placed into an escrow account out of the purchaser's control."
