Definition of "impound" in English

verb

1. (transitive) To shut up or place in an enclosure called a pound.

   • His car was impounded after he parked it illegally.

2. (transitive) To hold back.

   • water impounded by a dam

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

   • to impound stray cattle
   • to impound a document for safekeeping.

4. (transitive, law, banking) 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. (uncountable) The state of being impounded.

3. That which has been impounded.

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