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in escrow
In trust with a third party for delivery after certain conditions are fulfilled. For example, Our down payment on the house is in escrow until the current owner makes the promised repairs. This legal term dates from the late 1800s.
Example Sentences
Like thousands of other couples who have navigated the intensely intimate, complex and almost entirely unregulated process of surrogacy, Gallozzi and her husband had placed those funds in escrow.
Side was treated as a leading entrepreneur in the business: In May 2024, she appeared on a panel titled “Challenges in Escrow Management: Nightmare Cases.”
But so, too, do signs that read “for sale” or “in escrow.”
The letter questioned why LA28 isn’t paying the city up front for costs, using money in escrow, and asked if LA28 has provided the city with a budget for security, transit and sanitation.
Roughly 145 burned lots have sold so far, around 100 are currently listed, and dozens more are in escrow.
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