supersedeas bond

Definition of "supersedeas bond"
  1. 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
How to use "supersedeas bond" in a sentence
  1. To delay the execution of the judgment, the defendant filed a supersedeas bond during the appeal process.
  2. The plaintiff requested confirmation of the supersedeas bond to ensure payment if the appeal was unsuccessful.
  3. 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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