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Discover LudwigThe phrase "a escrow" is not correct in English.
The correct form is "an escrow." You can use it when referring to a financial arrangement where a third party holds funds or assets until certain conditions are met.
Example: "The buyer deposited the funds into an escrow to ensure a smooth transaction."
Alternatives: "an escrow account" or "an escrow agreement."
Exact(1)
G.M. said it received $1.7 billion last month from a escrow account financed by the Treasury Department to buy an interest in the reorganized Delphi, which spent four years mired in Chapter 11 protection before successfully exiting last month.
Similar(55)
Money is typically held in an escrow (a trusted middleman) until delivery, with missing packages qualifying for partial refunds.
ENI says its payments to the government "were made in a transparent manner through an escrow arrangement with a major international bank".
Perhaps an external facilitator can act as an escrow arrangement, a trusted third party that ensures that both the budget holder and the practice adhere to their financial commitments.
Once an offer has been made and formally accepted, and a deposit paid into an escrow account, there is a binding agreement in place between the two parties.
And one Los Angeles-area broker says that for the first time this year, he's not handling an escrow for a multimillion-dollar property.
Traditionally the department has lifted the shipping hold in return for a payment into an escrow account pending legal resolution.
He said that when an escrow check from a lawyer is returned, a investigation is automatically conducted by the professional disciplinary authorities, and sanctions could be imposed.
When investors back a company's crowdfunding campaign, their pledged cash goes into an escrow account at a bank.
"It will go straight into an escrow account, an account that's held in the European Central Bank through the Bank of Greece, and then out again, straight back".
The same month, Prokhorov's holding company paid a 10% deposit into an escrow account.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com