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impound |
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impound v. 1) to collect funds, in addition to installment payments, from a person who owes a debt secured by property, and place them in a special account to pay property taxes and insurance when due. This protects the lender or seller from the borrower's possible failure to keep up the insurance or a mounting tax bill which is a lien on the property. 2) to take away records, money or property, such as an automobile or building, by government action pending the outcome of a criminal prosecution. The records may be essential evidence, or the money or property may be forfeit to the state as in illegal drug cases. (See: forfeit, forfeiture) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Impositions Impossibility Impostor Rule Imposts Impotence Impotentia excusat legem impound impounded Impoundment Impracticability Imprescriptibility Imprimatur Imprimery Imprimis Imprisonment |
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