impound

(redirected from impounding)
Also found in: Dictionary, Thesaurus, Encyclopedia.

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)

References in periodicals archive ?
The CVO will observe the animals for rabies infection starting from the third day of impounding up to the 10th day.
The initiative aimed at providing convenience to drivers by keeping their vehicles required for impounding in their custody during the impounding period, said the police.
But the impounding dams irrigate only a quarter of the town's 4,229 ha of farmlands, he said.
In this system, owners will be able to complete any and all traffic transactions easily during the impounding period, while also maintaining appropriate care and safety of the car and its parts.
Upon the lapse of the period if the vehicle has not been removed, the Municipality will lift the vehicle to the impounding yard designated for abandoned vehicles.
On Tuesday, Arrom Towing Services and their trucks were suspended indefinitely for illegally impounding six motorcycles.
Based on the complaint, Garcia said the motorcycle should have been impounded at the MMDA's impounding area in Tumana, Marikina.
LANDI KOTAL -- Hundreds of Shinwari tribesmen held a demonstration here on Thursday to protest raids on their houses, arrest of people and impounding of non-custom paid vehicles by the security forces.
Based on the figures of LTFRB-Central Office on the number of vehicles apprehended from January to June 2017 alone, a total of 186 UV Express vehicles topped the list, with 186 units impounded at the agencys impounding area and another 147 at the impounding area of the Metropolitan Manila Development Authority (MMDA).
Speaking to Khaleej Times, Ali Hassan Ali, Head of the Car Impounding Section at Sharjah Municipality, said: "With the advent of summer and closures of schools, it has been noticed that the streets of Sharjah have been pact with abandoned cars with dust and that covered with fabrics So that the municipality carried out inspections.
He challaned 31 vehicles and imposed total Rs 32,600 on them, besides impounding 11 others for overcharging.
The first starts from SR500 to SR900, with a fine and impounding of the vehicle; the second is fine between SR300 and SR500 and impounding of vehicle; the third starts from SR150 to SR300 without impounding the vehicle, and the fourth starts from SR100 to SR150 without impounding the vehicle.