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escrow

n.
1.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

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  • Idiom of the Day

    put one's dibs on (something)
    to lay a claim to something
    I put my dibs on the most comfortable chair when I went to my friend's house.



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    The US federal income tax was first enacted in 1862 to support the Union's Civil War effort. It was eliminated in 1872, revived in 1894 then declared unconstitutional by the Supreme Court the following year. In 1913, the 16th Amendment to the Constitution made the income tax a permanent fixture in the US tax system.      .. More >>
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