Abstract of Judgement

Importance: 0.57

Is a company: no

Is a proper noun: no

Synonyms

  • claim
  • statement
  • legal document
  • summary

Alternate Spellings

  • Abstract of Judgment

Definition of Abstract of Judgement

  1. When a judgement is made in a lawsuit, a court document is drafted that states how much the person who lost the lawsuit owes. This document can create a lien or a claim on property when it is filed with the country recorder where the property is owned.
  2. An "abstract" is a summary or statement of the contents within a document.

Related Terms and Acronyms

  • Legal Description (lgdc) Abbreviation,
    • A way of identifying a piece of property in writing that is acceptable to a court.
  • Lien Definition,
    • A legal hold or claim of a creditor on the property of another.
  • Defendant Definition,
    • The accused party in a lawsuit or criminal trial.
  • Insurance Attorney Definition,
    • An attorney who works with insurance law.
  • Settlement Definition,
    • An agreement between the parties of a legal case.
  • Plaintiff Definition,
    • The party who initiates a lawsuit.
  • Settlement Statement Definition,
    • A document that details who has paid how much to whom.
  • Judgement Definition,
    • A determination by a court of law or a judicial decision.
  • Claim Bank,
    • A creditor's assertion of a right to payment from a debtor or the debtor's property.
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