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Meaning of interplead

in•ter•plead

Pronunciation: (in"tur-plēd'), [key]
— -plead•ed -plead -pled, -plead•ing.
  1. to litigate with each other in order to determine which of two parties is the rightful claimant against a third party.
  2. to bring two or more claimants before a court to determine which of them is entitled to a claim that a third party recognizes.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.