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Undertaking |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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A written promise offered as security for the performance of a particular act required in a legal action. In a criminal case, an undertaking of bail is security for the appearance of the defendant. In the event the defendant fails to appear, the amount posted as bail is forfeited. An undertaking with adequate security is a bond. The term is used in a general sense to refer to any type of promise or stipulation. UNDERTAKING, contracts. An engagement by one of the parties to a contract to the other, and not the mutual engagement of the parties to each other; a promise. 5 East, R. 17; 2 Leon. 224, 5; 4 B, & A. 595. |
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