deep pocket


deep pocket
A person or corporation of substantial wealth and resources from which a claim or judgment may be made. Under the "deep pocket" theory in antitrust law, parent corporation's substantial assets will have an impact on competition in which subsidiary is engaged. U.S. v. Connecticut Nat. Bank, D.C.Conn., 362 F.Supp. 240, 277

Black's law dictionary. . 1990.

Look at other dictionaries:

  • Deep pocket — is an American slang term; it usually means extensive financial wealth or resources . It is usually used in reference to big companies or organizations (ex: the American tobacco companies have deep pockets ), although it can be used in reference… …   Wikipedia

  • deep pocket — Pocket Pock et (p[o^]k [e^]t), n. [OE. poket, Prov. F. & OF. poquette, F. pochette, dim. fr. poque, pouque, F. poche; probably of Teutonic origin. See {Poke} a pocket, and cf. {Poach} to cook eggs, to plunder, and {Pouch}.] 1. A bag or pouch;… …   The Collaborative International Dictionary of English

  • deep pocket — n. [usually pl.] Informal extensive financial resources; great wealth deep pocket adj. deep pocketed * * * …   Universalium

  • deep pocket — deep pock·et n 1: a person or organization having substantial financial resources esp. for the purpose of paying damages 2 pl: substantial financial resources Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • deep pocket — n. [usually pl.] Informal extensive financial resources; great wealth deep pocket adj. deep pocketed …   English World dictionary

  • deep pocket — noun a source of substantial wealth (usually plural) a patron of the arts should have deep pockets • Usage Domain: ↑plural, ↑plural form • Hypernyms: ↑assets * * * deep pocket, Informal. 1. a person or compa …   Useful english dictionary

  • deep pocket — A person or corporation of substantial wealth and resources from which a claim or judgment may be made. Under the deep pocket theory in antitrust law, parent corporation s substantial assets will have an impact on competition in which subsidiary… …   Black's law dictionary

  • deep-pocket — adjective see deep pocket …   Useful english dictionary

  • deep-pocket — deep poc·ket …   English syllables

  • deep pocket — noun Date: 1975 1. a person or an organization having substantial financial resources 2. plural substantial financial resources < a corporation with deep pockets > • deep pocketed adjective …   New Collegiate Dictionary


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