Business Terms and Jargon Explained

What is Garnishee Order

Legalese Explained: This legal term is a court order which allows a creditor to collect the outstanding debt direct from the creditors bank. The bank is the garnishee. This is a drastic action to collect an outstanding debt.

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Floating Charge Charges Non compus mentis
Riel CPEI Merit Good
Objects clause Default Judgment Apportionment
Executor Deed of assignment Cartel
Firewall Syli Hidden Economy
Bailment Inter partes Free Trade
Operational risk Money Transfer Abroad Functional Fexibility
Togrog Competition analysis Agricultural property
Loan Stock Wanton Quick wins
Warranty liability Privileged Will CTR
Ipsissima verba Litas Nominal wage flexibility
Ngultrum Productivity Pre-Finance Goods
Planchet Employment contracts Phishing

Term created / updated 2013-07-02 09:25:30

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