escrow in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Escrow is a financial arrangement in which a third party temporarily holds funds or assets until specific conditions of a transaction are fulfilled.
Crossword clues for escrow
Crossword clue ideas and answer hints for the word "escrow".
- Funds held by a third party during a transaction.
- Agreement involving a neutral party for secure payment.
- Temporary holding of assets until conditions are met.
- Trust account managed by a neutral intermediary.
- Financial arrangement for secure property transfer.
Escrow sentence examples
- The funds for the property purchase were held in escrow until all conditions were met.
- She felt more secure knowing that her deposit was placed in escrow during the home buying process.
- The escrow agent supervised the transaction to ensure all parties adhered to the contract terms.
- After the inspection was completed, the seller agreed to keep the earnest money in escrow until repairs were finalized.
- The closing documents indicated that the buyer's payment would be released from escrow once the title was cleared.