escrow :

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escrow

e skroh

  • n  a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition

  • Some of the money is tied up in escrow, and the traditions of modesty in Silicon Valley require a period of restraint before you spend in the big, life-changing way that your .
  • For more expensive items, use a legitimate escrow service like Escrow.
  • He tells me eBay's competitors believed the opposite, so they erected barriers to community, created escrow agents, credit checks, vouchsafed repositories of Social Security .
News & Articles

Quotes

  • Haley Barbour in New York Times (blog)
    We need them to generate revenue to be able to pay us,said Mr. Barbour, a Republican. "I worry that this escrow account reduces the chance of that rather than increasing the chances of that."
  • John Boehner in TPMDC (blog)
    I have said since the beginning that BP ought to be responsible for all of this cleanup,Boehner said. "The fact is that they've agreed to put this $20 billion in escrow. I don't know what context Mr. Barton was making that remark, but I'm...

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