wage assignment

wage assignment
wage assignment see assignment

Merriam-Webster’s Dictionary of Law. . 1996.

wage assignment
The voluntary transfer in advance of a debtor's pay, generally in connection with a particular debt or judgment.

Dictionary from West's Encyclopedia of American Law. 2005.


wage assignment
The voluntary transfer in advance of a debtor's pay, generally in connection with a particular debt or judgment.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • Wage Assignment — The procedure of taking money directly from an employee s compensation under the authority of a court order, in order to pay a debt obligation. Wage assignments are typically a last resort of a lender to receive repayment from a borrower who has… …   Investment dictionary

  • wage assignment — A loan agreement provision allowing the lender to deduct payments from an employee s wages in case of default. Bloomberg Financial Dictionary * * * wage assignment wage assignment ➔ assignment * * * wage assignment UK US noun [U] HR, FINANCE, LAW …   Financial and business terms

  • assignment — as·sign·ment n 1: the act of assigning 2 a: a position, post, or office to which one is assigned b: a task assigned 3: a present transfer of property or rights absolute assignment: an assignment in which the transfer is complete and leaves the… …   Law dictionary

  • assignment — Options are exercised through the option purchaser s broker, who notifies the clearinghouse of the option s exercise. The clearinghouse then notifies the option seller that the buyer has exercised. When futures options are exercised, the buyer of …   Financial and business terms

  • Assignment — The receipt of an exercise notice by an options writer that requires the writer to sell ( in the case of a call) or purchase ( in the case of a put) the underlying security at the specified strike price. The New York Times Financial Glossary * *… …   Financial and business terms

  • assignment of wages — n. Assigning the right to collect wages to a creditor of the wage earner. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • Wage — For other uses, see WAGE (disambiguation). A wage is a compensation, usually financial, received by workers in exchange for their labor. Compensation in terms of wages is given to workers and compensation in terms of salary is given to employees …   Wikipedia

  • wage assignments — The transfer or assignment in advance of one s wages generally in connection with a debt or judgment. Such assignments are governed by statutes in most states. See also assignment (assignment for benefit of creditors) …   Black's law dictionary

  • assignment of wages — Transfer of right to collect wages from wage earner to creditor; generally, statutes govern the extent to which such assignment may be made …   Black's law dictionary

  • assignment of wages — Transfer of right to collect wages from wage earner to creditor; generally, statutes govern the extent to which such assignment may be made …   Black's law dictionary

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