escrow period
the time during a sales process in which money is kept in security
STATISTICS
IN THE PRESS
"The seller has accepted my offered amount, but has counter-offered with a request for a longer ESCROW PERIOD, almost two months."
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know?
es-crow
noun
Money, property, a deed, or a bond put into the custody of a third party for delivery to a grantee only after the fulfillment of the conditions specified.
tr.v. es·crowed, es·crow·ing, es·crows
Anglo-Norman escrowe, variant of Old French escroe
Source: The American Heritage® Dictionary of the English Language, Fourth Edition
IMPRESS YOUR FRIENDS TODAY
say something like:
Bob! Tell me, when you sold your house, for how long was the escrow period before you finally got paid?"
noun
Money, property, a deed, or a bond put into the custody of a third party for delivery to a grantee only after the fulfillment of the conditions specified.
tr.v. es·crowed, es·crow·ing, es·crows
Anglo-Norman escrowe, variant of Old French escroe
Source: The American Heritage® Dictionary of the English Language, Fourth Edition
IMPRESS YOUR FRIENDS TODAY
say something like:
Bob! Tell me, when you sold your house, for how long was the escrow period before you finally got paid?"
