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escrows

Pronunciation: [ɛsˈkroʊz]

Word

Learn how to use escrows in a sentence: 6 audio examples across 2 meanings.

Context: “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.

Example

The buyer put the money in an escrow until the house inspection was completed.

Example

The escrow did not get released because the seller did not fulfill the agreement.

Example

When will the escrow be settled for the property?

Context: “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.

Example

They escrowed the funds until all the paperwork was signed.

Example

He did not escrow the payment and lost trust in the transaction.

Example

Did you escrow the documents before completing the sale?

How to pronounce escrows

Pronunciation: [ɛsˈkroʊz]

Listen and repeat as many times as you need.

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