interpleader

¹ American  

[in-ter-plee-der] / ˌɪn tərˈpli dər /

noun

Law.

1. a judicial proceeding by which, when two parties make the same claim against a third party, the rightful claimant is determined.

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interpleader ² American  

[in-ter-plee-der] / ˌɪn tərˈpli dər /

noun

Law.

1. a party who interpleads.

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interpleader British  

/ ˌɪntəˈpliːdə /

noun

1. 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. a person who interpleads

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Etymology

Origin of interpleader¹

1510–20; variant of enterpleder < Anglo-French (infinitive used as noun)

Origin of interpleader²

First recorded in 1840–50; interplead + -er ¹