escrow payment


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escrow payment

That portion of the monthly payments in a budget loan that will be accumulated by the lender and then used to pay insurance and real estate taxes.

References in periodicals archive ?
It was created in 2004 to provide escrow payment services to online buyers and sellers in China and beyond.
OyaOya, a new cutting-edge technology to connect four essential components together in a seamless and efficient flow, a marketplace for vendors to present their products, customers to select a product, commodity transporters and an escrow payment system for secure transactions has debut.
The second escrow payment is payable when the parties hold an STA to operate the updated facility.
With freelancers reviewed for quality of their services and escrow payment systems ensuring security, small businesses are now able to manage a diverse workforce with reliable and easy to use project management systems.
Julian Construction also offers customers 0% in house financing for up to 48 months; long-term, secured, low-interest financing, and will accept escrow payment for service rendered.
com is free to sign up to and register with and it provides an escrow payment service to make sure that funds are held in a secure holding account before the freelancer starts with a project, ensuring that payment will be made if the project is completed to the agreed scope.
Merrimack County Superior Court Judge Larry Smukler issued a temporary injunction against Tobacco Haven, ordering the shop on Route 13 to either ensure that its supplier has paid the required tax or escrow payment, pay itself, or stop operating its two high-speed cigarette-rolling machines.
7) An escrow payment arrangement was eventually implemented with the understanding and cooperation of all three parties, the DSCC, CCP, and JGB.
The US-based business provides software for users of the Escrow payment system.
after the initial $10 million escrow payment was not made in the required three business days.
The escrow payment, even when illegally inflated, will still normally represent only a fraction of the overall cost of mortgage financing.
When this is not possible, the escrow receipts which are uninvested between the escrow payment dates and the refunded bond payment dates create the inefficiency.