security for costs

Definition of "security for costs"
  1. A type of guarantee occasionally requested of a party involved in a legal dispute to ensure the coverage of trial costs
How to use "security for costs" in a sentence
  1. The defendant asked for a security for costs to ensure they are not left with the lawsuit expenses if they win the case.
  2. A security for costs can act as a safeguard for parties who fear financial loss due to litigation.
  3. Before proceeding with the trial, the judge needs to ascertain if the plaintiff can provide a security for costs.

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