judgement debtor

judgement debtor
/'dʒʌdʒmənt ˌdetə/ noun
a debtor who has been ordered by a court to pay a debt

Dictionary of banking and finance. 2015.

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  • judgement debtor — ➔ debtor * * * judgement debtor UK US noun [C] UK LAW ► JUDGMENT DEBTOR(Cf. ↑judgment debtor) …   Financial and business terms

  • debtor — a person or business who owes money (1) A party who owes money or other performance to another party. Under the UCC, debtor includes the seller of accounts or chattel paper. (2) For the purposes of UCC provisions dealing with collateral, debtor… …   Financial and business terms

  • judgement creditor — A person in whose favour a court decides, ordering a judgement debtor to pay the sum that he or she is owed. If the judgement debtor fails to pay, the judgement creditor must return to the court asking for the judgement to be enforced. See also… …   Big dictionary of business and management

  • judgement lien — / dʒʌdʒmənt ˌli:ən/ noun a court order putting a lien on the property of a judgement debtor …   Dictionary of banking and finance

  • Judgment debtor — Judgement Debtor, in English or American law, a person against whom a judgment ordering him to pay a sum of money has been obtained and remains unsatisfied. Such a person may be examined as to whether any and what debts are owing to him, and if… …   Wikipedia

  • judgment debtor — UK US (UK also judgement debtor) noun [C] LAW ► a person or company that is ordered by a court of law to pay money to another person or company …   Financial and business terms

  • cognovit judgement — noun a judgment entered after a written confession by the debtor without the expense of ordinary legal proceedings • Syn: ↑confession of judgment, ↑confession of judgement, ↑cognovit judgment • Topics: ↑law, ↑jurisprudence • Hyper …   Useful english dictionary

  • confession of judgement — noun a judgment entered after a written confession by the debtor without the expense of ordinary legal proceedings • Syn: ↑confession of judgment, ↑cognovit judgment, ↑cognovit judgement • Topics: ↑law, ↑jurisprudence • Hypernyms …   Useful english dictionary

  • garnishee order — An order made by a judge on behalf of a judgement creditor restraining a third party (often a bank or an employer), called a garnishee, from paying money to the judgement debtor until sanctioned to do so by the court. The order may also specify… …   Big dictionary of business and management

  • administration order — 1) An order made in a county court for the administration of the estate of a judgement debtor (see judgement creditor). The order normally requires the debtor to pay all debts by instalments; so long as he does so, the creditors referred to in… …   Big dictionary of business and management

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