escrow - Meaning in Punjabi
escrow - Meaning in Punjabi
Sorry, exact match is not available in the bilingual dictionary.
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Definitions and Meaning of escrow in English
escrow noun
- a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition
Description
An escrow is a contractual arrangement in which a third party receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties. Examples include an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums. The word derives from the Old French word escroue, meaning a scrap of paper or a scroll of parchment; this indicated the deed that a third party held until a transaction was completed.
Also see "Escrow" on WikipediaWhat is escrow meaning in Punjabi?
The word or phrase escrow refers to a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition. See escrow meaning in Punjabi, escrow definition, translation and meaning of escrow in Punjabi. Learn and practice the pronunciation of escrow. Find the answer of what is the meaning of escrow in Punjabi.
Other languages: escrow meaning in Hindi
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What is escrow meaning in Punjabi, escrow translation in Punjabi, escrow definition, pronunciations and examples of escrow in Punjabi.