Payment into court
Term · Law · MLC-T-LAW-003676
The act of depositing money with a court or a designated court officer, typically by a defendant, to satisfy a judgment, settle a claim, or secure a potential liability. This action can stop the accrual of interest on the amount deposited or prevent further legal action regarding that sum. Rules of civil procedure, such as the Federal Rules of Civil Procedure Rule 67, govern the process and effects of such payments.
| Identifier | MLC-T-LAW-003676 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003676",
"term": "Payment into court",
"field": "Law",
"definition": "The act of depositing money with a court or a designated court officer, typically by a defendant, to satisfy a judgment, settle a claim, or secure a potential liability. This action can stop the accrual of interest on the amount deposited or prevent further legal action regarding that sum. Rules of civil procedure, such as the Federal Rules of Civil Procedure Rule 67, govern the process and effects of such payments.",
"url": "https://mlchart.com/terminology/law/payment-into-court/"
}
Record 3,681 of 5,441 in Law terminology (MLC-0107). Request the full dataset.