escrow UK /ˈɛ.skɹəʊ̯/US /ˈɛ.skɹoʊ̯/noun 2verb 1forms 3 noun2 •A contractual arrangement whereby money or assets are held in trust by an independent agent by the agreement of the parties, which can only be released to the relevant party once certain contractual conditions have been fulfilled.The court will decide which party is the rightful owner of the items in escrow. — 2006 •(informal) The money or assets so held. verb1 •To place in escrow. formsescrowed · escrowing · escrows