Glossary Term
Supersedeas Bond
Definition
Security a losing party posts to suspend enforcement of a money judgment while it appeals, protecting the winner if the judgment is affirmed. If the appeal fails, the bond can satisfy the judgment; if it succeeds, the bond is released.
Hypothetical
A business loses a $200,000 judgment and appeals. To stop the winner from seizing its accounts during the appeal, it posts a supersedeas bond. When the appeal is later won, the court releases the bond back to the business.