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
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Operational risk Money Transfer Abroad Functional Fexibility
Togrog Competition analysis Agricultural property
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Ipsissima verba Litas Nominal wage flexibility
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Term created / updated 2013-07-02 09:25:30

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