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| Definitions by InvestorWords.com |
| What is...? |
| escrow Documents, real estate, money, or securities deposited with a neutral third party (the escrow agent) to be delivered upon fulfillment of certain conditions, as established in a written agreement. Also, an account held by the lender into which a homeowner pays money for taxes and insurance. see also bulk sales escrow, closing statement, servicer. |
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