noun Download 🔗Share One who makes an interplea. Examples : "The insurance company, faced with two conflicting claims for the life insurance payout, became an interpleader and asked the court to decide who should receive the money. " law Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share Motion for a third party to enter into a lawsuit in process because a matter is being adjudicated in which they have an interest. Examples : "The student filed an interpleader to claim the prize money, as both the teacher and the principal had a claim on it. " law business finance Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share Process by which a third party asks a court to determine which of two rival claims is to be honored by the third party. Examples : "Because two people claimed ownership of the winning lottery ticket, the lottery company filed an interpleader, asking the court to decide who should receive the prize money. " law process Chat with AIVocabulary GamePractice Reading