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Betty，知名法学院国际金融法专业，擅长翻译各类与并购业务相关的法律文件。