Words similar to escrow
Example sentences for: escrow
How can you use “escrow” in a sentence? Here are some example sentences to help you improve your vocabulary:
The Lawyers Trust Fund administers the high court's Interest on Lawyer Trust Accounts, or IOLTA, a program that pools clients' money, escrow funds, for instance, and that in turn generates income for the trust fund.
The fund, created by the Illinois Supreme Court in 1983, gets interest from escrow accounts and other money lawyers often keep for their clients and spends it on legal aid.
Vice President Gore offered an executive order that would ease export restrictions by 1) raising the export limit from 40 bits to 56 bits for at least the next two years (allowing U.S. companies to meet the current minimum commercial standard); 2) transferring export-license authority from a State Department military office, which almost always refuses applications, to the more friendly Commerce Department; 3) permitting export of encryption of unlimited strength, provided the technology incorporates "key recovery ." This is similar to key escrow, except there is no single key and the government holds nothing.
Currently, support for non-profit legal aid groups comes from interest generated on the Lawyers' Trust Fund, which pools clients' money that attorneys hold for such matters as escrow funds.
But key escrow flopped, too.