WorldAugust 18, 2026
garnishee
GAR-nih-shee
Definition
A third party who holds money or property belonging to a judgment debtor, or a legal proceeding used to attach such assets to satisfy a debt.
Etymology
Derived from the Old French 'garnir', meaning to warn or prepare. In legal contexts, it refers to warning a person holding another's money not to pay it out until a court decides who is entitled to it.
In the news
The article discusses judicial efforts to curb the abuse of garnishee proceedings, where creditors indiscriminately target multiple banks, rather than only those holding the debtor's funds.
Supreme Court draws line against abuse of garnishee proceedings
Read the full article ↗The Nation Newspaper