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Ipglossary.com is a practical glossary for managers, executives and technologists as well as lawyers working in IP in an international environment. The glossary provides practical explanations of key legal and business terms in a large number of technology related fields including intellectual property, licensing, venture capital, corporate and securities law, antitrust and competition law, and of course terms relevant to technology, in general. Read more
An order by a court or other body allowing assets of a party within its jurisdiction to be secured in order to satisfy a potential or actual court judgment. Usually such an order prohibits the assets from being removed or reduced, although an offer of alternative security can sometimes provide for the assets release. A party seeking an attachment may be required to offer a security bond against any business or commercial losses that may result if the underlying legal claim used to justify the attachment fails or is found invalid.