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Home > Terms > English, UK (UE) > Escrow
Escrow
(1) A deed delivered to a disinterested person to be delivered to the grantee upon the fulfilment or performance of some act or condition. (2) Money or something of value deposited with a disinterested person, to be released upon fulfilment of performance of some act or condition, or to be returned to the depositor if these conditions are not met.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Earth science
- Category: Mapping science
- Company: American Congress on Surveying & Mapping
- Product:
- Acronym-Abbreviation:
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