Wage assignment
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Wikipedia English The Free Encyclopedia
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Garnishment
A garnishment is a means of collecting a monetary
judgment
against a
defendant
by ordering a third party (the garnishee) to pay money, otherwise owed to the
defendant
, directly to the
plaintiff
.
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This article uses material from
Wikipedia
®
and is licensed under the
GNU Free Documentation License
Campbell R. Harvey's Hypertextual Finance Dictionary
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Wage assignment
A loan agreement provision allowing the
lender
to deduct payments from an employee's wages in case of default.
Copyright © 2000,
Campbell R. Harvey
. All Rights Reserved.
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