Is Interpleaded a Word?
Verb (Used Without Object), In·ter·plead·ed, In·ter·plead·ing. Law. to Litigate with Each Other in Order to Determine Which of Two Parties Is the Rightful...
verb (used without object), in·ter·plead·ed, in·ter·plead·ing. Law. to litigate with each other in order to determine which of two parties is the rightful claimant against a third party.
What does the word Interplead mean?
intransitive verb. : to go to trial with each other in order to determine a right on which the action of a third party depends.
What does Interpleader mean in legal terms?
A way for a holder of property to initiate a suit between two or more claimants to the property.