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词汇 Security for costs
分类 英语词汇 英语翻译词典
释义

Security for costs

英语百科

Security for costs

Security for costs is a common law legal concept of application only in costs jurisdictions, and is an order sought from a court in litigation.

The general rule in costs jurisdiction is that "costs follow the event". In other words, the loser in legal proceedings must pay the legal costs of the successful party. Where a defendant has a reasonable apprehension that its legal costs will not be paid for by the plaintiff if the defendant is successful, the defendant can apply to the court for an order that the plaintiff provide security for costs. Furthermore, the amount that is ordered by the Judge is in direct correlation to the strength or weakness of the plaintiff's case brought herewith.The weaker the probability of the plaintiff prevailing, the higher the security order.

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