in escrow

Idioms  

1. 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.

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Example Sentences

Intel is part of a special Department of Defense program called Secure Enclave, and 156 million Intel shares tied to it are issued, but still in escrow.

From Barron's

Homeowners are paying an average of 45% more in escrow costs compared to five years ago, Cotality researchers found in a separate report.

From MarketWatch

Nebraskan homeowners, for instance, have seen a 53% increase in escrow costs in the past five years, the company noted, among the highest in the nation, due to rising home-insurance costs and property taxes.

From MarketWatch

But my girlfriend’s mom was a realtor, and after about a year of us paying for this place, she realized that the house itself was in escrow.

From Los Angeles Times

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.”

From The Wall Street Journal