Escrowed Funds

Definition

Money held by a neutral third party during a real estate transaction, because apparently neither buyer nor seller can be trusted alone.

Example Usage

The down payment of $150,000 was held in escrow until the home inspection was complete and both parties agreed to proceed.

Source: Real estate transaction terminology

Related Terms

Advanced

Earnest Money Dispute

When buyer and seller fight over who gets the deposit if the deal falls apart—the worst kind of relationship counseling.

🏠 Real Estate

Intermediate

balloon payment

A large, final payment due at the end of a loan term that covers the remaining principal balance. Named for its tendency to inflate your anxiety levels right before it's due.

🏠 Real Estate

Advanced

CAM charges

Common Area Maintenance charges—fees in commercial leases where tenants reimburse landlords for shared expenses like landscaping, snow removal, and parking lot maintenance. It's how landlords outsource their property bills to the people renting from them.

🏠 Real Estate

Beginner

Real Estate Agent

A licensed professional who represents buyers or sellers in property transactions and earns a commission (typically 5-6%) upon sale. They're part cheerleader, part negotiator, and 100% invested in closing the deal.

🏠 Real Estate

Intermediate

discount points

Prepaid interest paid at closing to reduce your mortgage rate, with each point costing 1% of the loan amount. The financial equivalent of paying now to save monthly forever, assuming you stay in the house long enough to break even.

🏠 Real Estate

Intermediate

Rolltop

A desk or storage furniture with a flexible, tambour-like cover made of slats that rolls up or down to open or close the workspace, popular in Victorian and modern home and office design. Valued for concealing clutter while remaining visually distinctive.

💼 Corporate / Business🏠 Real Estate

Translate This Term

See “Escrowed Funds” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

Try the Translator

Share This Term

Post on X Share on Facebook Share on LinkedIn

Discover a Term

Beginner

Tangerine

A small, orange-colored citrus fruit with a thin, loose skin that peels easily, known for its sweet and slightly tart fl...