Cost Bill Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Cost Bill, written in plain English, along with examples of how it is used.
What is Cost Bill?
In a lawsuit the expenses of the trial are to be legally recovered from the losing party after the judge pronounces the verdict.Court decides what costs are to be included in these and they generally dont include the attoney’s fees.
History and Meaning of Cost Bill
A cost bill is a legal document that outlines the expenses incurred during a lawsuit and that is submitted to the losing party for payment. In English law, a cost bill was originally used to refer to a bill of costs, which was the legal document used to detail the costs incurred in a case. Today, the term is mainly used in the United States and refers to the amount of money that the losing party in a lawsuit is required to pay the winning party to cover their legal expenses.
Examples of Cost Bill
- After winning the lawsuit, the plaintiff submitted a cost bill to the defendant to receive payment for their legal expenses.
- The judge ordered the losing party to pay the cost bill of the winning party, which included court fees and other expenses.
- The attorney submitted a cost bill to their client to show the expenses incurred during the course of their legal representation.
Legal Terms Similar to Cost Bill
- Bill of Costs - A legal document that itemizes the expenses incurred during a lawsuit, generally used in English law.
- Legal Fees - The amount of money that an attorney charges for their legal services.
- Court Fees - The fees imposed by the court for the processing of legal documents and proceedings.