interpleader
noun (1)
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Definition of interpleader
(Entry 1 of 2)
: a proceeding to enable a person to compel parties making the same claim against him to litigate the matter between themselves
interpleader
noun (2)Definition of interpleader (Entry 2 of 2)
: one that interpleads
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More Definitions for interpleader
interpleader
noun
\
Legal Definition of interpleader
(Entry 1 of 2)
: a proceeding by which a person compels parties making the same claim against him or her to litigate the matter between themselves — see also bill in the nature of interpleader and bill of interpleader at bill sense 3a — compare counterclaim, cross-claim, impleader, intervention, joinder
Note:
When an interpleader is initiated, the person holding the property or owing the obligation that is the subject of the adverse claims usually must deposit the property or post a bond with the court.
interpleader
nounLegal Definition of interpleader (Entry 2 of 2)
: a person who is a party to an interpleader action
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