impound

Meanings

Verb

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

Noun

• a place in which things are impounded
• a state of being impounded
• that which has been impounded
• amounts collected from a debtor and held by one with a security interest in property for payment of property taxes and insurance

Origin

• From in- + pound.