Legal Definitions - deep pocket

Definition: Deep pocket refers to a person or entity that has a lot of money and resources. This term is often used in legal cases where someone is seeking compensation for damages or losses.

Example 1: The plaintiff sued the big corporation with deep pockets because they knew they could get a large settlement.

Example 2: The insurance company was seen as a deep pocket by the plaintiff's lawyers, who hoped to win a big payout in court.

These examples illustrate how deep pocket is used to describe a person or entity that has a lot of money and resources. In legal cases, plaintiffs may target deep pockets because they believe they can get a larger settlement or judgment. This term is often used in discussions of lawsuits and legal strategy.