submission bond

A bond given by a litigant who agrees to submit a lawsuit to arbitration and to be bound by an arbitrator’s award. [Cases: Arbitration 14. C.J.S. Arbitration § 184.]

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词条贡献者

资深译员姚坚，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与私募资本有关的法律文件。