Interpleaded
/ɪnˈtɜːrpliːd/
Definitions
- (v.) Past tense and past participle of interplead, a procedure by which a stakeholder asks the court to decide among multiple claimants to the same property or fund.
The funds were interpleaded by the bank to resolve competing claims.
Forms
- interplead
- interpleading
Related terms
See also
Commentary
Interpleaded is the past tense and participle form of interplead, used in procedural contexts involving multiple claimants to the same asset.
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.