Escrow vs Fund - What's the difference?
escrow | fund |
(legal) A written instrument, such as a deed, temporarily deposited with a neutral third party (the Escrow agent), by the agreement of two parties to a valid contract. The escrow agent will deliver the document to the benefited party when the conditions of the contract have been met. The depositor has no control over the instrument in escrow.
(legal) In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited.
(legal) Money or other property so deposited is also loosely referred to as escrow.
The state of property deposited with an escrow agent.
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A sum or source of money.
An organization managing such money.
A money-management operation, such as a mutual fund.
A large supply of something to be drawn upon.
* Macaulay
As nouns the difference between escrow and fund
is that escrow is (legal) a written instrument, such as a deed, temporarily deposited with a neutral third party (the escrow agent), by the agreement of two parties to a valid contract the escrow agent will deliver the document to the benefited party when the conditions of the contract have been met the depositor has no control over the instrument in escrow while fund is discovery, finding, find (something that is found).As a verb escrow
is to place in escrow.escrow
English
(wikipedia escrow)Noun
(en noun)See also
* impoundAnagrams
*fund
English
(wikipedia fund)Noun
(en noun)- the fund of a bank, commercial house, manufacturing corporation, etc.
- a fund for the maintenance of underprivileged students
- Several major funds were declared insolvent recently.
- He drew on his immense fund of knowledge.
- an inexhaustible fund of stories