/
ɪˈskrəʊ,
ɛ-/
n.
a bond, deed, or other document kept in the custody of a third party and taking effect only when a specified condition has been fulfilled.
▸the state of being kept in this way.
v.
chiefly N. Amer. place in escrow.
Etymology
C16: from OFr. escroe ‘scrap, scroll’, from med. L. scroda, of Gmc origin; rel. to shred.