equitable bond
[ɪˈkwɪtəbəl bɑːnd]
nounpl: equitable bonds
título de garantia equitativa
1. A bond or financial instrument that represents a claim based on principles of equity and fairness rather than strict legal or contractual terms
The court recognized the equitable bond between the trustee and beneficiary.
O tribunal reconheceu o título de garantia equitativa entre o fiduciário e o beneficiário.
2. In law, a bond secured by equitable principles, often used in trust law or when parties seek fair distribution of assets
An equitable bond ensures that all parties are treated fairly under the law.
Um título de garantia equitativa garante que todas as partes sejam tratadas equitativamente perante a lei.
3. A type of financial security recognized in equity courts rather than common law courts
The plaintiff filed for relief based on an equitable bond claim.
O autor apresentou ação com base em uma reclamação de título de garantia equitativa.
Equitable bonds are particularly important in Anglo-American legal systems, especially in trusts and estates law. In Brazil, the concept is recognized but often discussed through different terminology related to equity principles (princípios de equidade) in the civil law framework. The term is more prevalent in legal and financial contexts in the USA than in Brazil, where civil law traditions predominate.
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