Business Terms and Jargon Explained
What is Stay
Legalese Explained: Legal term: A suspension of court proceedings. This remains in effect until an order has been followed. No action may be taken in the case other than an application to have the stay lifted. A case can also be stayed when an offer of payment is accepted or if the court feels it is necessary.
© Crown Copyright. Material taken from Her Majesty's Courts Service (HMCS) website . Reproduced under the terms and conditions of the Click-Use Licence.
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Term created / updated 2013-07-02 09:22:49
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