Legalese Explained: Legal term: May be obtained without a hearing by the claimant if the defendant fails to
reply or pay within a 14 day period after service of the claim. A claimant can
apply for a default judgment if the amount claimed is specified or for a
judgment on liability if the amount claimed is unspecified.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.