supersedeas bond
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 203 U.S. 441 - Crane v. Buckley · 1906Most cited · 47 citing opinions
The object and purpose of this section and the bond given in pursuance thereof is to indemnify the party prevailing in the original suit against loss in the respects stated in the bond, by reason of an ineffectual attempt to reverse the holding of the trial court. ... It is elementary that the obligation of sureties upon bonds is strictissimi juris and not to be extended by implication or enlarged construction of the terms of the contract entered into.