# Supersedeas Bond Payment Event

**IRI:** https://folio.openlegalstandard.org/R7IurUy8ro7uBQ6cHRDnRP8

## Labels

**Preferred Label:** Appeal Bond Payment

**Alternative Labels:**

- Appeal Security Bond Payment
- Suspension Bond Payment

## Definition

A Supersedeas Bond Payment is the payment of a type of surety bond required by a court from an appellant who seeks to delay payment of a judgment until the appeal is resolved. This bond ensures that the appellee will be compensated if the appellant fails to meet the judgment after the appeal.

## Sub Class Of

- https://folio.openlegalstandard.org/R9sdPQV8kCK3BNF8jcPV5cD

**Deprecated:** False

