escrowed
Held in trust
Escrowed describes money, property, or documents held by a neutral third party until specified conditions are met.
In real estate, funds are escrowed until closing: The earnest money is escrowed with the title company.
Software source code may be escrowed to protect licensees if the developer goes bankrupt.
The arrangement provides security for both parties in a transaction.
Place for safekeeping
- fundsAvailable financial resources
- buyerOne who acquires things
- sellerOne who trades goods
- brokerTransaction intermediary for hire
intermediary · closing · purchase · sale · property · milestone · payment · disbursement
Protective care or control
- holdingMaintaining physical possession
- retentionContinued holding or possession
- vaultSecure storage chamber
- depositorySecure storage location
account · reserve · sequestered · withheld · protected · secured · frozen · impounded
Agent bound by loyalty
- notaryDocument authentication official
- deedWritten property conveyance
- titleFormal honorific or name
- covenantBinding formal pledge
contract · compliance · jurisdiction · arbitration · mediation · affidavit · closing · disbursement
deposit
Place for safekeeping
broker · intermediary · closing · purchase · sale · property · milestone · payment · disbursement · holdback
custody
Protective care or control
- holdingMaintaining physical possession
- retentionContinued holding or possession
- vaultSecure storage chamber
depository · account · reserve · sequestered · withheld · protected · secured · frozen · impounded · entrusted
fiduciary
Agent bound by loyalty
covenant · contract · compliance · jurisdiction · arbitration · mediation · affidavit · closing · disbursement · release
escrowedreleased
Set free from confinement
disbursed · transferred · distributed · delivered · remitted
escrowedreleased
Set free from confinement
disbursed · freed · distributed · available · accessible
- escrow accountNeutral fund holding
- escrow servicesProtected transaction intermediary
- escrow paymentFunds held by intermediary
- escrow feesCharges for neutral fund custody
- escrow processIntermediary safeguards transaction funds
- escrow agentNeutral party holding funds