Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

security for costs

Read a random definition: grand jury witness

A quick definition of security for costs:

Security for Costs: When someone takes legal action, they may be required to give money, property, or a bond to the court as a guarantee that they will pay the costs of the case if they lose. This is called security for costs.

A more thorough explanation:

Definition: Security for costs refers to money, property, or a bond that a plaintiff or an appellant provides to a court to ensure that they can pay the court costs if they lose the case.

Example: Let's say that John is suing a company for breach of contract. The company believes that John may not be able to pay the court costs if he loses the case. Therefore, the company may ask the court to order John to provide security for costs. John would then have to provide the court with a sum of money or a bond to ensure that he can pay the court costs if he loses the case.

Another example: Sarah is appealing a decision made by a lower court. The respondent in the case believes that Sarah may not be able to pay the court costs if she loses the appeal. Therefore, the respondent may ask the court to order Sarah to provide security for costs. Sarah would then have to provide the court with a sum of money or a bond to ensure that she can pay the court costs if she loses the appeal.

Explanation: Security for costs is a way for the court to ensure that the party bringing the case or appeal can pay the court costs if they lose. This is important because court costs can be expensive, and if a party cannot pay them, it can cause problems for the court and the other party. By requiring security for costs, the court can ensure that the party bringing the case or appeal is financially responsible and can pay the costs if necessary.

Security Council | security grade

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
LSD+ is ad-free, with DMs, discounts, case briefs & more.