Escrow Payment

Business, Legal & Accounting Glossary

Definition: Escrow Payment


Escrow Payment


Full Definition of Escrow Payment


The funds that are withdrawn by a mortgage servicer from a borrower’s escrow account to pay property taxes and insurance.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/escrow-payment/
Modern Language Association (MLA):
Escrow Payment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/escrow-payment/.
Chicago Manual of Style (CMS):
Escrow Payment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/escrow-payment/ (accessed: March 29, 2024).
American Psychological Association (APA):
Escrow Payment. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/escrow-payment/

Definition Sources


Definitions for Escrow Payment 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.