Garnishment Financial Glossary
What is it? A legal proceeding in which money or property that is owed to you is applied to the payment of the debt. Also called wage garnishment.Finance Term Definition Added By: Faith
The Garnishment definition has been viewed 679 Time(s)!
Send To Friends!
If you'd like to send the Garnishment definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Garnishment. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Interest Rate is (1) For savings and checking accounts, the annual rate of interest paid on an account, which does not reflect compounding. (2) For loans, a periodic charge expressed as a percent or the percentage that is applied to the amount of a loan to determine the charges for the use of the money (see Adjustable Rate Mortgage, Fixed Rate Mortgage).Financial Term No Load (NL) is See Load
Financial Term Financial Need T is The difference between the institutions cost of attendance and the familys ability to pay (i.e., Expected Family Contribution). Ability to pay is represented by the expected family contribution for federal need-based aid and for many state and institutional programs.
Financial Term LEAP is A LEAP is a long-term option contract for a companys stock. They usually run for one year or more and are available on several U.S. exchanges.
Financial Term Needbased Aid is Student assistance awarded because a students financial circumstances would not permit him or her to afford the cost of a postsecondary education.