escrow
word
Definition
A financial arrangement where a third party holds money or property until certain conditions are met in a transaction, often used in real estate or online sales.
Usage & Nuances
Used formally in legal and financial contexts. Common collocations: 'in escrow', 'escrow account', 'release from escrow'. Not used in everyday speech except in business, real estate, or online marketplace contexts.
Example Sentences
The money will be kept in escrow until the house is sold.
basic
We used an escrow service to buy the car safely.
basic
All payments go through escrow until the work is finished.
basic
If you don't trust the seller, it's smart to use escrow.
natural
My deposit stayed in escrow until all the paperwork was signed.
natural
They released the funds from escrow once the project was complete.
natural