Business, Legal & Accounting Glossary
A Writ of Execution is an order issued by a court to enforce a judgement; A writ is addressed to a court officer specifically instructing said officer to carry out an act, such as collecting monies or seizing property.
n. a court order to a sheriff to enforce a judgment by levying on real or personal property of a judgment debtor to obtain funds to satisfy the judgment amount (pay the winning plaintiff).
A writ of execution (also known as an execution) is a court order granted to put in force a judgement of possession obtained by a plaintiff from a court.
A writ of delivery is a writ of execution that directs a High Court Enforcement Officer to either seize goods and deliver them to the plaintiff or to obtain their monetary value, according to an agreed assessment.
If the writ doesn’t allow for the defendant to retain their goods by paying their assessed value as an alternative, this is defined as a writ of specific delivery.
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This glossary post was last updated: 27th April, 2020 | 17 Views.