escrow

(redirected from escrows)
Also found in: Dictionary, Thesaurus, Legal, Financial.

escrow

(security)
An arrangement where something (generally money or documents) is held in trust ("in escrow") by a trusted third party until certain agreed conditions are met. In computing the term is used for key escrow and also for source code escrow.

escrow

A legal device used in a construction contract whereby something of value is placed with a third party, acting as a trustee, to guarantee that conditions of the contract will be met.
References in periodicals archive ?
The California-based escrow company has named Maria as the manager of the Manhattan Beach location.
Quackenbush promised that the customers will not lose money, however, as any shortfalls in their escrow accounts will be made up by the insurance carriers underwriting Universal.
P will not purchase replacement property for T; the sales proceeds are placed in an escrow account that restricts access to the funds to the purchase of replacement property.
The new publication was written for California consumers, real estate licensees, and anyone else who is interested in learning about the California escrow process that applies to residential real estate.
The attorney said he expects ``quite a few people,'' including friends, family and those from the escrow community, to attend the hearing.
Be sure to verify your status as the property owner yearly, and when it comes time to buy or sell a home, work with your escrow practitioner to be sure the transaction is smooth.
According to many in the industry, New Era's blueprint for growth is likely to help the company ascend to the top of California's real estate escrow market.
As director of business development for Stewart Vacation Ownership, she will have direct responsibility for new business development, as well as for accelerating the growth and awareness of Stewart's timeshare escrow, title and other services throughout the United States and Mexico.
Thomas continued, "The settlement represents the resolution of our disagreements with the Attorneys General over the industry standard escrow practices that we utilize.
Because homeownership embodies the core of American values, October has been acknowledged by the Governor of California as Escrow Month.
State law regulates independent escrow companies in California and provides important protections to California consumers.
com warns consumers of fraudulent escrow sites trolling online auctions and classifieds, defrauding consumers buying or selling cars, cameras, or computers.