Change Of Circumstances

Business, Legal & Accounting Glossary

Definition: Change Of Circumstances



What is the dictionary definition of Change Of Circumstances?

Dictionary Definition


n. the principal reason for a court modifying (amending) an existing order for the payment of alimony and/or child support. The change may be an increase or decrease in the income of either the party obligated to pay or the ex-spouse receiving payment, or the health, the employment, or needs of either party. Thus, if an ex-husband’s income is substantially increased or the ex-wife becomes ill and cannot work, the judge may order the ex-husband to pay her more. Remarriage of a spouse who is receiving alimony automatically terminates the alimony order, unless there is a special provision that it continue, which is rare.


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https://payrollheaven.com/define/change-of-circumstances/
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Change Of Circumstances. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 02, 2020 https://payrollheaven.com/define/change-of-circumstances/.
Chicago Manual of Style (CMS):
Change Of Circumstances. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/change-of-circumstances/ (accessed: December 02, 2020).
American Psychological Association (APA):
Change Of Circumstances. PayrollHeaven.com. Retrieved December 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/change-of-circumstances/

Definition Sources


Definitions for Change Of Circumstances are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.