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单词 back-bond
释义 back-bond Sc. Law.|ˈbækˈbɒnd|
[f. back adv. + bond.]
A document by which a party receiving or holding a title, ex facie absolute, acknowledges that he really holds in trust for a specified purpose, and binds himself to convey or account to the true owner after that purpose is served. The true owner is usually the granter of the absolute deed, hence the term back-bond is applied to the explanatory document executed by the grantee.
a1645Acts Chas. I (1814) V. 283 (Jam.) The dispositioune..was cancellate:—and the provest producit the bakband, qlk was also cancelled.1645Rutherford Tryal & Tri. Faith (1845) 246 He who is ransomed by Christ..is under a back-bond, or a re-obligation of love, service, and obedience.1867A. M. Bell Conveyanc. 1079 A heritable security..may also be constituted in the form of an absolute disposition qualified by a backbond.
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更新时间:2024/11/10 7:16:33