Bond Jumping
/ˈbɒnd ˌdʒʌmpɪŋ/
Definitions
- (n.) The wrongful act of transferring a bond from one owner to another without proper endorsement or authorization, often to evade legal obligations or claims.
The court ruled that the defendant was liable for bond jumping, invalidating the unauthorized transfer.
Forms
- bond jumping
Related terms
See also
Commentary
Bond jumping is a specialized term in securities law involving improper transfer; carefully differentiate from lawful endorsement and assignment.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.