appeal bond definition
In order to stay execution of the judgment pending appeal, the defendants have posted appeal bonds totaling $141 million in security to cover the original judgment plus 10%. Most states set appeal bonds of 100 percent of the judgment, plus costs. 1 : to hold together or solidify by or as if by means of a bond (see 1bond) or binder (see binder 3) The glue didn't bond to the glass. 2 : to form a close relationship especially through frequent association the new mother bonded with her child The retreat was a great bonding experience for the team. State: Texas. I lost at a summary judgment hearing and dependent was awarded monetary judgment. I need to appeal but understand that I must put up a bond to do so. I have spent all money I have to fight this wrongful foreclosure - no bond money...Eviction is in two days - HELP! Feel I can win appeal. Definition of bond for Students. 1  1 : something that binds. 2  2 : the condition of being held together The glue forms a strong bond. 3  3 : a force or influence that brings or holds together a bond of friendship.  4 : a chain or rope used to prevent someone from moving or acting 1  freely. 5 : a promise to do something My word is my bond. Supersedeas bond. A supersedeas bond, also known as a defendant's appeal bond, is a type of surety bond that a court requires from an appellant who wants to delay payment of a judgment until the appeal is over. An appellant's bond to stay execution on a judgment during the pendency of the appeal. appeal bondnoun [ C ] uk ​ us ​ LAW. › a document stating that someone who is appealing the decision of a lower court will pay damages and the costs of the appeal if they lose: In some instances, judges will set an appeal bond when they believe the conviction may be overturned. Definition of bond. 1  1 : something that binds or restrains : fetter prisoners freed from their bonds the bonds of oppression. 2  2 : a binding agreement : covenant united in the bonds of holy matrimony My word is my bond. Appeal Bond. In an appeal, a bond that guarantees payment of the original judgment. For example, if Joe sues Bob for $1 million and Joe wins, Bob may appeal to a higher court to reverse the ruling. However, the higher court may require Bob to post an appeal bond of $1 million plus the cost of the appeal just in case he loses the appeal as well. Supersedeas / Appeal Bond. What is an Supersedeas / Appeal Bond? After the court renders a money judgment in a case, the defendant has the ability to appeal the ruling to a higher court. Also known as an Appeal Bond, Supersedeas Bonds are required by the courts before the filing of an appeal. The company's insurers have posted appeal bonds in an amount sufficient to make the payment to LILCO. The posting of these two appeal bonds in 2006 will have a significant impact on the cash resources of the Company because the appeal bonds require cash be set aside for the full amount of the damage awards.
A document stating that someone who is appealing the decision of a lower court will pay damages and the costs of the appeal if they lose.