escrow
B2CEFR level
68/100Rarity: rare
TechnicalRegister
Law noun
The holding of money or documents by a neutral third party until agreed conditions are met.
The deposit sits in escrow and releases only on delivery of clean title.
Business noun
Money or assets held by a third party until conditions are met.
The deposit sat in escrow until closing.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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