IMPOUND

impound

Noun

  1. A place in which things are impounded.
  2. A state of being impounded.
  3. That which has been impounded.
  4. Amounts collected from a debtor and held by one with a security interest in property for payment of property taxes and insurance.

Verb

  1. To shut up or place in an enclosure called a pound.
    His car got impounded after he'd parked illegally.
  2. To hold in the custody of a court or its delegate.
    to impound stray cattle; to impound a document for safe keeping.
  3. 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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