What does being impounded mean?

What does being impounded mean?

1a : to shut up in or as if in a pound : confine. b : to seize and hold in the custody of the law. c : to take possession of she was dismissed and her manuscript impounded— Jonathan Weiner.

What does it mean to impound a document?

to seize (chattels, etc) by legal right. to take possession of (a document, evidence, etc) and hold in legal custody.

What does impound mean in government?

An “impoundment” is any action – or inaction – by an officer or employee of the federal government that precludes federal funds from being obligated[1] or spent, either temporarily or permanently.

What is a synonym for impoundment?

The action of confining or state of being confined. imprisonment. incarceration. confinement. internment.

What does no impounds mean?

escrow account
An impound account (also called an escrow account, depending on where you live) is simply an account maintained by the mortgage company to collect insurance and tax payments that are necessary for you to keep your home, but are not technically part of the mortgage.

What is a presidential impoundment?

Impoundment is an act by a President of the United States of not spending money that has been appropriated by the U.S. Congress. Thomas Jefferson was the first president to exercise the power of impoundment in 1801.

What is impound and seizure document?

A seizure is made at a particular moment when a person or authority takes into his possession some property which was earlier not in his possession. Thus, seizure is done at a particular moment of time. Thus, the word impounding really means retention of possession of a good or a document which has been seized.

When Can a passport be impounded?

The Regional Passport Officer (MANU/TN/1611/2014), that a Regional Passport Officer can impound the passport if the Police file a charge sheet against the passport holder before the Criminal Court, and if the passport holder fails to make an appearance before the Court or if the Criminal Court convicts the passport …

What are impounds in mortgage?

An escrow account, sometimes called an impound account depending on where you live, is set up by your mortgage lender to pay certain property-related expenses. Your mortgage servicer will manage the escrow account and pay these bills on your behalf.

Is impoundment a word?

a body of water confined within an enclosure, as a reservoir. the act of impounding: towing and impoundment of abandoned vehicles. the condition of being impounded.

What is the antonym of impounded?

What is the opposite of impound?

relinquish cede
receive refuse
reject retain
return waste
withhold distribute

What are impounds on a loan?

An escrow account, sometimes called an impound account depending on where you live, is set up by your mortgage lender to pay certain property-related expenses. The money that goes into the account comes from a portion of your monthly mortgage payment. Sometimes, escrow accounts may also be required by law.

What does the name impound mean?

Impound (v. t.) To shut up or place in an inclosure called a pound; hence, to hold in the custody of some authority such as police or a court; as, to impound stray cattle; to impound an illegally parked car; to impound a document for safe keeping.

What are Impound accounts?

An impound account (also called an escrow account, depending on where you live) is simply an account maintained by the mortgage company to collect insurance and tax payments that are necessary for you to keep your home, but are not technically part of the mortgage.

What is an escrow or impound account?

An escrow account, also called an impound account, is an account the lender uses to pay the borrower’s non-mortgage related property ownership expenses.

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