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Vocabulary Builder — Essay & Answer Writing

escrow

noun / ES-kroh / Medium
Meaning

Money or an asset held by a neutral third party on behalf of two others until a specified condition is fulfilled.

Origin / Etymology

From Old French 'escroue' (a scrap of parchment or scroll), later a deed held in trust.

Synonyms
trust deposit surety safekeeping guarantee fund
Antonyms
forfeiture release disbursement withdrawal
Example Sentence
"The government mandated that home buyers' payments be routed through an escrow account to prevent developers from diverting funds."
🎯 UPSC Usage

Useful in GS Paper 3 answers on financial regulation, RERA reforms in the real estate sector, and mechanisms to protect consumers. Also relevant to international relations when discussing frozen assets and sanctioned funds held in escrow.

Relevant Subjects
Economy
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