What's the difference between escrow and impound?

Escrow


Definition:

  • (n.) A deed, bond, or other written engagement, delivered to a third person, to be held by him till some act is done or some condition is performed, and then to be by him delivered to the grantee.

Example Sentences:

  • (1) Changes in ESCROW scores showed patients to have a greater need for social supports as they moved from admission to discharge.
  • (2) And, just like eBay, there were star ratings for sellers, detailed feedback, customer service assurances, an escrow system and a busy forum in which users posted helpful tips.
  • (3) The CAT has brokered a deal under which Virgin Media , BT and Top-Up TV can all take advantage of the reduced wholesale price for the two Sky Sports channels, but they must place the difference between the new regulated price and Sky's original wholesale price in a so-called "escrow" account.
  • (4) Stijn Hoorens, project leader for the team behind the report, said: “It could be explained by some of the challenges that these markets have faced over the years with ‘exit scams’, [which is] administrators who take their sites offline, saying for maintenance or something … in some cases they have just left with all bitcoins that were held in escrow.
  • (5) BP has been forced by Washington to set aside $20bn into an "escrow account" that can be used to pay out the billions of dollars worth of claims expected to emanate from those who have suffered financial hardship as a result of the spill.
  • (6) • At the conclusion of the appeal, the CAT will determine the distribution of the monies held in escrow.
  • (7) The interim deal approved by the CAT last week will allow Virgin Media, BT and Top Up TV to take advantage of the reduced wholesale price for the two Sky Sports channels, but they must place the difference between the new regulated price and Sky's original wholesale price in a so-called "escrow" account.
  • (8) He called an escrow account established for victims of the Gulf of Mexico BP oil spill a “ Chicago-style political shakedown ”.
  • (9) A spokesman for BT said that despite the escrow arrangement, which means it cannot be certain of reaping the benefits of Ofcom's ruling if Sky wins its challenge, it would forge ahead without "radically revising" pricing plans.
  • (10) The Barthel index, PULSES profile, and ESCROW profile were used to measure functional status, social support, and rehabilitation progress.
  • (11) They get round this in different ways, sometimes paying bigger salaries, sometimes giving a person two jobs, where one is paid as a salary, and the other one held in escrow until the end of the year … a little bit like a bonus.
  • (12) That includes clean-up operations, co-ordinating with the US government and local officials, and managing the $20bn (£13.4bn) escrow account.
  • (13) The CAT has brokered a deal under which Virgin Media, BT and Top Up TV can all take advantage of the reduced wholesale price for the two Sky Sports channels, but they must place the difference between the new regulated price and Sky's original wholesale price in a so-called "escrow" account.
  • (14) The agency is attempting to access 600,000 Bitcoins, worth around $80m (£49.7m), accumulated by Ross Ulbricht, the alleged creator of Silk Road, but has already seized 26,000 ( $3.2m ) that the site had held in escrow for its customers.
  • (15) The company said in court documents filed in Minnesota that the funds for reimbursements will be kept in an interest-bearing escrow account.
  • (16) Beam holds its customers’ money in escrow at a bank and its CEO, Anand Shrivastav, admits the company has had to spend considerable amounts of time, building public trust, making sure customers felt their money was secure in a Beam account.
  • (17) The European citizens should know, however, that loans to Greece are paid into an "escrow" account and are used exclusively to repay past loans and to re-capitalise near bankrupt private banks.
  • (18) The CAT has ruled that any other broadcaster who wishes to offer Sky's channels at the new Ofcom rate will be able to ask the court directly to join the escrow regime.

Impound


Definition:

  • (v. t.) To shut up or place in an inclosure called a pound; hence, to hold in the custody of a court; as, to impound stray cattle; to impound a document for safe keeping.

Example Sentences:

  • (1) Although the available pre-impoundment data is inadequate to make a definite conclusion of the impact of the lake formation on the status of onchocerciasis in the area, it is apparent that here, as in most other parts of the country, the prevalence, manifestations, complications and public health significance of onchocerciasis justify the ongoing campaign for the urgent implementation of a nation-wide onchocerciasis control programme in Nigeria.
  • (2) Average CR values for plants growing on exposed tailings and within one meter from the impoundment edge were 0.15 and 0.3, respectively.
  • (3) This experimental model, which results in severe paraplegia and development of complete segmental necrosis, was studied in a time sequence varying from immediately to 30 days afterward by electron microscopy, in order to characterize the pathologic changes in axons and myelin in the area of impounding.
  • (4) Bundy is accused of recruiting hundreds of supporters to his ranch in 2014, where the US bureau of land management was making arrangements for his cattle to be impounded due to unpaid grazing fees and fines dating back to 1998.
  • (5) The more water we impound, the more power we produce, the less support we require," said Mark Shorrock, chief executive of Tidal Lagoon Power.
  • (6) Research and management experience have demonstrated that Rotational Impoundment Management (RIM) and rotary ditching can provide ecologically sound source reduction benefits.
  • (7) The FSA confirmed that meat held in cold storage in Northern Ireland has been impounded after it was discovered to contain equine DNA.
  • (8) His computer has been impounded as part of the paper's internal investigation and the company is trawling through his emails.
  • (9) Biomphalaria pfeifferi which transmits S. mansoni were found principally in streams and impoundments like dams but scarce in rivers.
  • (10) The undesirable effect due to heavy impounders is discussed.
  • (11) Mosquito populations persist at very low levels over a 10-year period with no evidence of mosquito development in the impoundment.
  • (12) He was accused of paying a $25,000 bribe to a government official for the release of bombproof cars that had been impounded.
  • (13) In addition, determinations of the contribution of such variables as mass of drop-weight, impounder diameter, and animal weight to variability were made.
  • (14) Shortly after, the police impounded my wife’s passport with no grounds whatsoever.
  • (15) The impounded lumber is sold in auctions and the money obtained is invested in environmental preservation programmes.
  • (16) Most of the measured parameters were indistinguishable from background after a distance of 3.3 km from the tailings impoundment.
  • (17) A 2.4-mm-diameter impounder was lowered onto the dura and a 10-g weight dropped 0.0, 2.5, 5.0, 7.5, 10.0, or 17.5 cm onto the impounder.
  • (18) They also considered “impoundment,” but it had already been used for something else.
  • (19) Weetabix impounded – Hundreds of boxes of Weetabix bound for an expats store in New Zealand have been impounded by customs officials at the behest of a rival cereal giant.
  • (20) The sites included an upland impounding reservoir, 3 rivers and 10 streams within Lancashire and Cheshire, selected because of their accessibility to farm livestock.