Legal Definition and Related Resources of Back bond
Meaning of Back bond
A bond of indemnification given to a surety. In Scotch Law. A declaration of trust; a defeasance; a bond given by one who is apparently absolute owner, so as to reduce his right to that of a trustee or holder of a bond and disposition in security. Faterson, Comp.
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This definition of Back Bond is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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