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.
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
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