When people have a problem, they might go to court to try to solve it. The court is like a grown-up's time-out corner where a judge listens to both sides and makes a decision about who is right and who is wrong.
Sometimes, the judge will say that one person has to promise to do something or not do something. This is called an order. The person who has to promise to do something is called the "bound party". The order is like a big kid telling a little kid that they have to share their toys.
The judge's order is very important and the bound party has to do what they were told. If they don't do it, they might get in trouble and have to face the consequences - like losing their toys!
This whole process is called "binding over". It means that the judge has made an order that someone has to follow, and if they don't, they have to face the punishment. It's like a grown-up version of a time-out corner.