impound🔊

To shut up or place in an enclosure called a pound.

To hold back.

(law) To hold in the custody of a court or its delegate.

(law, banking) To collect and hold (funds) for payment of property taxes and insurance on property in which one has a security interest.

A place in which impounded things are stored.

The state of being impounded.

That which has been impounded.

(law, banking) Amounts collected from a debtor and held by one with a security interest in property for payment of property taxes and insurance.