refunding bond

A bond given to assure an executor that a legatee will return an estate distribution should the remaining estate assets be insufficient to pay the other legacies. [Cases: Executors and Administrators 299. C.J.S. Executors and Administrators § 541.]
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资深译员Lynn,知名国际商学院金融专业,专注翻译各种与贷款人责任及其他银行业与金融机构诉讼有关的法律文件。
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