escrow account

Definition

Use escrow account in a sentence

You may want to keep a separate escrow account available that you can turn to in a time of need.

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I had an escrow account and my friend wondered what that meant and how we would deal with it every day.

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We had all of our funds to be paid for taxes stored safely in the escrow account to ensure optimal timing of payments.

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escrowed to maturity escrow contract