deep pocket, ∨ deep pockets Meaning, Definition & Usage

Definitions
  1. wealth or substantial financial assets. Used esp. in legal actions, where plaintiffs desire to find a defendant with "deep pockets", so as to be able to actually obtain the sum of damages which may be judged due to him. This contrasts with a "judgment-proof" defendant, one who has neither assets nor insurance, and against whom a judgment for monetary damages would be worthless.

Webster 1913