Garnishment

Business / Accounting / Garnishment: A court order requesting that an employer deduct a percentage of the employee’s paycheck and send it to the creditor before the paycheck is given to the employee.

Wage Garnishment

Business / Human Resources (HR) / Wage Garnishment: Usually in the form of a court order, a garnishment requires withholding a portion of an employee’s earnings for repayment of a debt. MORE

Consumer Credit Protection Act Of 1968

Business / Finance / Consumer Credit Protection Act Of 1968: Credit a firm grants to consumers for the purchase of goods or services. Also called retail credit. MORE

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