interpleader

in·ter·plead·er   (ĭn'tər-plē'dər)    n.   Law A procedure to determine which of two parties making the same claim against a third party is the rightful claimant. [Anglo-Norman enterpleder, to interplead, interpleader; see interplead.]

Main Entry: in·ter·plead·er
Pronunciation: "in-t&r-'plE-d&r
Function: noun
Etymology: Anglo-French enterpleder, from enterpleder, verb
: a proceeding by which a person compels parties making the same claim against him or her to litigate the matter between themselves —see also bill in the nature of interpleader and bill of interpleader at BILL 3a —compare COUNTERCLAIM, CROSS-CLAIM, IMPLEADER, INTERVENTION, JOINDER
NOTE: When an interpleader is initiated, the person holding the property or owing the obligation that is the subject of the adverse claims usually must deposit the property or post a bond with the court.