Search Results for: FIDUCIA

judicial bond

A bond to indemnify an adverse party in a lawsuit against loss occasioned by delay or by deprivation of property resulting from the lawsuit. • Judicial bonds are usu. classified according to the nature of the action in which they are required, as with appeal bonds, injunction bonds, attachment bonds, replevin bonds, forthcoming or redelivery

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ward of admiralty

A seaman — so called because of the legal view that a seaman, in contractual matters, should be treated as a beneficiary and the other contracting party as a fiduciary because of the perceived inequitability of their bargaining positions. [Cases: Seamen 1. C.J.S. Seamen §§ 6, 216–219.]

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