verb
- placed in escrow; held by a third party until certain conditions are met
Usage: legal; finance
Examples
- The funds were escrowed until the contract was signed.
- Their earnest money was escrowed by the title company.
- The software source code was escrowed as part of the licensing agreement.
- The disputed payment has been escrowed pending resolution.
- All closing documents were escrowed with the attorney.
- The buyer’s deposit was escrowed until the inspection was completed.