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escrow

Pronunciation: /ˈɛ.skɹəʊ̯/

The English word “escrow” has 3 meanings listed here.

noun

  1. A contractual arrangement whereby money or assets are held in trust by an independent agent by the agreement of the parties, which can only be released to the relevant party once certain contractual conditions have been fulfilled.
  2. The money or assets so held.

verb

  1. To place in escrow.

Etymology

Learned borrowing from Law French escrowe, from Old French escroe (“register, note; bit of parchment; piece”), from Frankish *skrōda (“piece”), from Proto-Germanic *skraudō, derivative of Proto-Germanic *skraudaną (“to shred”). Doublet of scrow and shred and partially scroll.

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