Loan Dictionary - J group - Jt, Jtic Also Jt Tic, Jtwros, Judgement, Judgement Lien, Judgment, Judgment Clause, Judgment Creditor, Judgment Debtor, Judgment Decree

Business and Personal Finance Dictionary

JT - See Joint Tenancy, Joint Tenants in Common, and Joint Tenants with Rights of Survivorship.
JTIC ALSO JT TIC - See Joint Tenants in Common.
JTWROS - See Joint Tenants with Rights of Survivorship.
JUDGEMENT - The final decision of a court of law with competent jurisdiction. Money judgments, when rec...
JUDGEMENT LIEN - An involuntary lien against the property of the debtor.
JUDGMENT - The formal decision of a court on the respective rights and claims of the parties to an acti...
JUDGMENT CLAUSE - A provision in bank promissory notes or guaranties. In this clause, the borrowers or ...
JUDGMENT CREDITOR - A party who, by virtue of a court decision, is entitled to a monetary payment from ...
JUDGMENT DEBTOR - A party who, by virtue of a court decision, is required to make a monetary payment fr...
JUDGMENT DECREE - Specifiies the award made by the court in a civil case.