supersedeas bond
- A financial assurance provided by an appealing party to delay the enforcement of a court's judgment. Its purpose is to guarantee the winning party receives the verdict amount, plus any additional losses from the appeal, if the appellant does not prevail
- To delay the execution of the judgment, the defendant filed a supersedeas bond during the appeal process.
- The plaintiff requested confirmation of the supersedeas bond to ensure payment if the appeal was unsuccessful.
- The court required a supersedeas bond from the appellant as a part of the appeal process in order to secure the awarded amount.
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