- interpleader
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in·ter·plead·er 1 /ˌin-tər-'plē-dər/ n [Anglo-French enterpleder, from enterpleder, verb]: a proceeding by which a person compels parties making the same claim against him or her to litigate the matter between themselves see also bill in the nature of interpleader and bill of interpleader at bill 3a compare counterclaim, cross-claim, impleader, intervention, joinder◇ When an interpleader is initiated, the person holding the property or owing the obligation that is the subject of the adverse claims usu. must deposit the property or post a bond with the court.interpleader 2 n: a person who is a party to an interpleader action
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- interpleader
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n.An action in equity in which two or more parties who each claim property held by a third party submit the claim to a court to settle their rights, brought by the third party who fears that the claimants might pursue him or her to recover the property and does not want to be exposed to liability from several sources; often used by insurers in cases where several parties make conflicting claims on the same matter.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- interpleader
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the remedy sought by a person holding property or obliged to do something who is being asked to deliver or perform by more than one person. The process has the claimants fight among themselves before involving the often innocent holder. For Scotland See multiple poinding.
Collins dictionary of law. W. J. Stewart. 2001.
- interpleader
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A court case between two parties who both claim the right to money from a third party, when the third party agrees the money is owed but doesn't know to whom. The debtor deposits the funds with the court ("interpleads"), asks the court to be dismissed from the lawsuit, and lets the court decide who gets the money. Compare: impleaderCategory: Small Claims Court & Lawsuits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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n.1 An action by the neutral custodian of property to determine its proper owner.2 One who brings such a suit.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- interpleader
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An equitable proceeding brought by a third person to have a court determine the ownership rights of rival claimants to the same money or property that is held by that third person.
Dictionary from West's Encyclopedia of American Law. 2005.
- interpleader
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An equitable proceeding brought by a third person to have a court determine the ownership rights of rival claimants to the same money or property that is held by that third person.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- interpleader
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n.the procedure when two parties are involved in a lawsuit over the right to collect a debt from a third party, who admits the money is owed but does not know which person to pay. The debtor deposits the funds with the court ("interpleads"), asks the court to dismiss him/her/it from the lawsuit and lets the claimants fight over it in court.
Law dictionary. EdwART. 2013.