wage assignment Definition

wage assignment

Definition

A loan provision stipulating that in the event of default, payments will be deducted from an employee's wages. Prohibited in some states.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

garnishing - More

Related Terms on BusinessDictionary

payroll deduction

Popular 'Lending & Credit' Terms

equity
triple net lease
leverage
interest rate
amortization

security
accounts receivable
quick ratio
financial leverage
accounts payable

wage assignment in the news

Tools

wage assignment is ...

... part of the Lending & Credit subject.

Nearby Terms

W formation
W-2 Form
W-4 Form
W-9 Form
WACC
wage assignment
wage price spiral
wages
waiting period
waiver
waiver of premium

Search volume for wage assignment

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice