impound
Pronunciation:
/ˈɪmpaʊ̯nd//ɪmˈpaʊ̯nd/noun
Definitions
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
verb
Definitions
To shut up or place in an enclosure called a pound
Example: His car got impounded after he'd parked illegally.
To hold back (for example water by a dam)
To hold in the custody of a court or its delegate
Example: to impound stray cattle; to impound a document for safe keeping.
To collect and hold (funds) for payment of property taxes and insurance on property in which one has a security interest