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单词 appeal bond
释义

appeal bond

Definition
Guaranty of payment of damages (plus estimated cost of appeal) assessed by an appellate court. Posted by a losing party (who is appealing a lower court's judgment), it is cashed if the appeal is unsuccessful. An appeal bond serves to discourage frivolous appeals that waste the courts' time (see abuse of process).
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更新时间:2025/2/2 14:33:43