FluentPlex

escrow

/ˈɛ.skɹoʊ̯/ noun C2
  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. (countable, uncountable)
  2. The money or assets so held. (countable, informal, uncountable)

Plural escrows

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Words, meanings, pronunciations and translations from Wiktionary (CC BY-SA 4.0); how common each word is from wordfreq. Made into this dictionary by FluentPlex.