Garnishment

Business, Legal & Accounting Glossary

Definition: Garnishment


Quick Summary of Garnishment


A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person’s wages can be deducted.




What is the dictionary definition of Garnishment?

Dictionary Definition


a court order to an employer to withhold all or part of an employee’s wages and to send the money to the court or to the person who won a lawsuit against the employee.

legal A judgment that a third party should pay money owing to a defendant directly to a plaintiff.

n. the entire process of petitioning for and getting a court order directing a person or entity (garnishee) to hold funds they owe to someone who allegedly is in debt to another person, often after a judgment has been rendered. Usually, the actual amounts owed have not been figured out or are to be paid by instalments directly or through the sheriff.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/garnishment/
Modern Language Association (MLA):
Garnishment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 16, 2021 https://payrollheaven.com/define/garnishment/.
Chicago Manual of Style (CMS):
Garnishment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/garnishment/ (accessed: September 16, 2021).
American Psychological Association (APA):
Garnishment. PayrollHeaven.com. Retrieved September 16, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/garnishment/

Definition Sources


Definitions for Garnishment 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: 28th April, 2020 | 0 Views.