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interpleader
(redirected from interpleaders)

   Also found in: Legal, Financial, Wikipedia 0.02 sec.
in·ter·plead·er  (ntr-pldr)
n. Law
A procedure to determine which of two parties making the same claim against a third party is the rightful claimant.

[Anglo-Norman enterpleder, to interplead, interpleader; see interplead.]

interpleader [ˌɪntəˈpliːdə]
n Law
1. (Law) a process by which a person holding money or property claimed by two or more parties and having no interest in it himself can require the claimants to litigate with each other to determine the issue
2. (Law) a person who interpleads


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