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impound

Short definition from Wiktionary

Verb

  1. To shut up or place in an enclosure called a pound.
  2. To hold back.
  3. To hold in the custody of a court or its delegate.
  4. To collect and hold (funds) for payment of property taxes and insurance on property in which one has a security interest.

Noun

  1. A place in which impounded things are stored.
  2. The 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.

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