Escrow
This is an old revision of this page, as edited by NathanG (talk | contribs) at 02:38, March 11, 2008. It may differ significantly from current revision.
Escrow is the money or a written instrument such as a deed that, by agreement between two parties, is held by a neutral third party (held in escrow) until all conditions of the agreement are met.
In other words, escrow is money held but not released until certain conditions are met.