back-bond

back-bond
An indemnity bond; a Scotch term for a deed which had the force and effect of an English deed of declaration of trust.

Ballentine's law dictionary. . 1998.

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  • Back-bond — articleissues do attempt=June 2008 orphan=June 2008 jargon=June 2008Back bond, or back letter, in Scots law, is a deed qualifying the terms of another deed, or declaratory of the purposes for which another deed has been granted. Thus an ex facie… …   Wikipedia

  • back bond — /ˈbæk bɒnd/ (say bak bond) noun a bond of indemnity given to a surety …  

  • back bond — noun Etymology: back (III) Scots law : an instrument by which one apparently taking as absolute owner under another instrument acknowledges that he is only a trustee or mortgagee …   Useful english dictionary

  • back-bond — …   Useful english dictionary

  • bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …   Law dictionary

  • back-deed — Same as back bond …   Ballentine's law dictionary

  • Bond insurance — (also known as financial guaranty insurance ) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or… …   Wikipedia

  • Bond — (b[o^]nd), n. [The same word as band. Cf. {Band}, {Bend}.] 1. That which binds, ties, fastens, or confines, or by which anything is fastened or bound, as a cord, chain, etc.; a band; a ligament; a shackle or a manacle. [1913 Webster] Gnawing with …   The Collaborative International Dictionary of English

  • Bond creditor — Bond Bond (b[o^]nd), n. [The same word as band. Cf. {Band}, {Bend}.] 1. That which binds, ties, fastens, or confines, or by which anything is fastened or bound, as a cord, chain, etc.; a band; a ligament; a shackle or a manacle. [1913 Webster]… …   The Collaborative International Dictionary of English

  • Bond debt — Bond Bond (b[o^]nd), n. [The same word as band. Cf. {Band}, {Bend}.] 1. That which binds, ties, fastens, or confines, or by which anything is fastened or bound, as a cord, chain, etc.; a band; a ligament; a shackle or a manacle. [1913 Webster]… …   The Collaborative International Dictionary of English

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