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O que (quem) é escrow - definição

CONTRACTUAL ARRANGEMENT IN WHICH A THIRD PARTY RECEIVES AND DISBURSES MONEY OR DOCUMENTS AFTER CONDITIONS AGREED TO BY THE TRANSACTING PARTIES

Stakeholder (law); Stake-holding; Escrow payment; Escrow account; Escrow agent; Eskrow; Escrow instructions; Internet escrow; Escrow fund; Escrowing; Escrowed

escrow

Escrow is money or property which is given to someone, but which is kept by another person until the first person has done a particular thing or met particular requirements. (mainly AM LEGAL)

They had $96,000 in their escrow account...

His stake has been held in escrow since the start of the year.

N-UNCOUNT: oft N n, in N

Escrow

·noun A deed, bond, or other written engagement, delivered to a third person, to be held by him till some act is done or some condition is performed, and then to be by him delivered to the grantee.

escrow

1) n. a form of account held by an "escrow agent" (an individual, escrow company or title company) into which is deposited the documents and funds in a transfer of real property, including the money, a mortgage or deed of trust, an existing promissory note secured by the real property, escrow "instructions" from both parties, an accounting of the funds and other documents necessary to complete the transaction by a date ("closing") agreed to by the buyer and seller. When the funding is complete and the deed is clear, the escrow agent will then record the deed to the buyer and deliver funds to the seller. The escrow agent or officer is an independent holder and agent for both parties who receives a fee for his/her/its services. 2) n. originally escrow meant the deed held by the escrow agent. 3) n. colloquially, the escrow agent is called an "escrow," while actually the escrow is the account and not a person. 4) v. to place the documents and funds in an escrow account, as in: "we will escrow the deal." See also: escrow agent

Wikipédia

Escrow

An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties. Examples include an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums. The word derives from the Old French word escroue, meaning a scrap of paper or a scroll of parchment; this indicated the deed that a third party held until a transaction was completed.

https://en.wikipedia.org/wiki/Escrow

Exemplos do corpo de texto para escrow

1. The problem centers on provisions for an escrow account and retirement benefits.

2. McPherson has released a 10–point plan for certification efforts, including a software code escrow system.

3. The agreement includes the creation by Cnooc of a $2.5 billion U.S. escrow account.

4. The funds, about $50 million a month, are currently held in escrow by Israel.

5. Hence, Air Sahara should not be allowed to operate the escrow account.