Escrow Fund

Business, Legal & Accounting Glossary

Definition: Escrow Fund


Escrow Fund


Full Definition of Escrow Fund


A holding account set up with a neutral entity by the parties of a financial arrangement whereby the funds are distributed only after certain contractual agreements or milestones are fulfilled. Escrow funds are commonly applied to real estate mortgages. Escrow can also play a role in financial transactions online and agreements in both commerce and contractual hiring as an added protection for all parties involved.


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Escrow Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/escrow-fund/.
Chicago Manual of Style (CMS):
Escrow Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/escrow-fund/ (accessed: March 29, 2024).
American Psychological Association (APA):
Escrow Fund. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/escrow-fund/

Definition Sources


Definitions for Escrow Fund are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.