escrows
Prononciation : [ɛsˈkroʊz]
Mot
Contexte : « finance »
(noun) An escrow is a financial arrangement where a third party holds funds or documents until a particular requirement is met. This is often used in real estate transactions, like when you pay for a house but the money is not released until the sale is finalized.
Exemple
The buyer put the money in an escrow until the house inspection was completed.
Exemple
The escrow did not get released because the seller did not fulfill the agreement.
Exemple
When will the escrow be settled for the property?
Contexte : « finance »
(verb) To escrow means to place money or documents into an escrow arrangement. This often happens when someone is buying or selling a property, making sure that everything is safe until all promises are kept.
Exemple
They escrowed the funds until all the paperwork was signed.
Exemple
He did not escrow the payment and lost trust in the transaction.
Exemple
Did you escrow the documents before completing the sale?
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