Escrow

Dictionary: 
Ballentine's Law Dictionary

A deed; the delivery of an instrument to a third party who is to deliver it to the grantee or promisee upon the fulfillment of some condition, such as the payment of money. See 130 Am. St. Rep. 911, note.

Author: 
James A. Ballentine
Publisher: 
The Bobbs-Merrill Company
Year Published: 
1916
Genre: 
Law Dictionary