DEEP POCKET

DEEP POCKET

deep pocket.

1. (pl.) Substantial wealth and resources (the plaintiff nonsuited the individuals and targeted the corporation with deep pockets).

2. A person or entity with substantial wealth and resources against which a claim may be made or a judgment may be taken (that national insurance company is a favorite deep pocket among plaintiff’s lawyers).


TermBase Contributor
Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.