attachment bond:
(18c)
1. A bond that a defendant gives to recover attached property. * The plaintiff then looks to the bond issuer to satisfy a judgment against the defendant. [1]
1. A bond required of a plaintiff seeking an attachment, conditioned to pay the costs and damages which the defendant may sustain if the writ has been sued out wrongfully. 6 Am J2d Attach § 518. [2]
1. A bond posted by a person whose property has been attached. Because the bond provides security, the attached property can be freed until the matter is resolved. [3]
References:
Disclaimer: All material throughout this website is compiled in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner. ISBN: 978-0-314-62130-6
[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition by James A. Ballantine (James Arthur 1871-1949). Edited by William S. Anderson. © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY. Library of Congress Catalog Card No. 68-30931
[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine (James Arthur 1871-1949). Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning. ISBN 0-8273-4874-6.
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