IMPOUND
impound
Noun
- A place in which things are impounded.
- A state of being impounded.
- That which has been impounded.
- Amounts collected from a debtor and held by one with a security interest in property for payment of property taxes and insurance.
Verb
- To shut up or place in an enclosure called a pound.
- His car got impounded after he'd parked illegally.
- To hold in the custody of a court or its delegate.
- to impound stray cattle; to impound a document for safe keeping.
- To collect and hold (funds) for payment of property taxes and insurance on property in which one has a security interest.
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