a process by which a person holding money or property claimed by two or more parties and having no interest in it himself or herself can require the claimants to litigate with each other to determine the issue
2.
a person who interpleads
interpleader in American English
(ˌɪntərˈplɛdər)
noun
a legal procedure by which two or more parties claiming the same money or property may be compelled to resolve the dispute among themselves in a single action rather than proceeding individually against the party holding the disputed money or property
Word origin
< Anglo-Fr entrepleder, to interplead: substantive use of inf.