judgement debt

judgement debt

A court orders the company to pay a judgement debt.

Definition

Noun: A judgement debt is a sum of money that a court of law has officially ordered a person or organization (the debtor) to pay to another party (the creditor), typically as a result of a legal ruling in a civil case.

Usage Examples
  • (A court-ordered debt from a legal ruling.)
  • (The debt enforced by a court judgment.)
  • (A formal court order for repayment.)
Advanced Usage
  • "to satisfy a judgement debt": to pay the full amount owed under the court order.
    • The debtor finally satisfied the judgement debt by selling his house. (He paid the entire court-ordered sum.)
  • "to enforce a judgement debt": to take legal action to collect the owed money.
    • The creditor hired a lawyer to enforce the judgement debt through wage garnishment. (Using legal means to compel payment.)
Variants and Related Words
  • Judgment (n): the official decision of a court.
    • The judgment was in favor of the landlord. (The court's ruling.)
  • Debt (n): something, typically money, owed by one person to another.
    • He accumulated a large debt from unpaid loans. (General financial obligation.)
  • Judgment creditor (n): the person or entity to whom the judgement debt is owed.
    • The judgment creditor filed a lien on the debtor's property. (The party entitled to receive payment.)
Synonyms
  • Court-ordered debt: a debt imposed by a court ruling.
  • Legal debt: a debt recognized and enforced by law.
Related Idioms
  • "to be in judgement debt": to owe money as a result of a court order.
    • After the trial, the defendant found himself in judgement debt for damages. (Obligated to pay a court-awarded sum.)

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