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Webster's New World Law Dictionary » judgment
judgment
judgment definition - legal
n
A courtÂ’s final resolution
of the issues before it at trial or upon a dispositive motion.
default judgment
A judgment entered due to the failure of the defendant to answer
or otherwise respond to the claim.
deficiency judgment
A judgment in favor of a creditor following a forced sale of
property, for the difference between the amount owed and the amount collected
as a result of the sale, so as to fully compensate the creditor.
final judgment
A judgment which fully ends a case, on its merits (as opposed
to on procedural grounds). A final judgment is generally necessary before a
party can file an appeal.Â
foreign judgment
A judgment of a different state or country than the one in
which the judgment is being challenged or as to which enforcement is sought.Â
judgment creditor
A creditor who has obtained, through judicial process, a
judgment against a debtor; commonly used in bankruptcy proceedings to
distinguish such a creditor from others to whom the debtor owes money but do
not have judgments. Judgment creditors may be entitled to preferential
distribution of a debtorÂ’s money if there are insufficient assets to pay all
creditors.Â
judgment debtor
A debtor who owes money to a creditor who has obtained a
judgment against the debtor in that amount. See judgment creditor.Â
judgment docket
A roll or listing of judgments maintained by a clerk or
administrative office of a court.
judgment in rem
A judgment that disposes of property, or resolves competing
interests in a piece of property, as opposed to a judgment that is against a
person ordering payment of money.Â
judgment lien
A lien against property that results from a judicial proceeding in
which a monetary award has been made and has been reduced to judgment; until
payment of the judgment, a lien will be placed against all real property (and
some personal property) of the individual or entity that owes payment of the
judgment.Â
judgment non obstante veridicto
Latin
Latin. Judgment
notwithstanding the verdict. In rare cases, a judge may enter a judgment in
favor of one party despite a juryÂ’s award against that party; generally in
cases where the evidence was such that no reasonable jury could have come to
the determination that it did. Abbreviated j.n.o.v.
judgment of conviction
The final decision in a criminal case, which includes the
plea taken by the defendant, the verdict, any court findings, and the ultimate
sentence.Â
judgment of dismissal
A judgment invalidating or otherwise disposing of the
plaintiffÂ’s or the prosecutorÂ’s claims prior to a trial.
judgment on the merits
A judgment issued after the parties have had a full
chance to present evidence and witnesses at trial.
judgment on the pleadings
A judgment that is issued on the pleadings alone,
either on the basis that the plaintiffÂ’s pleadings are inadequate or that the
defendant has failed to plead any fact that negates the plaintiffÂ’s claims or
raises an affirmative defense.
personal judgment
A judgment imposing personal liability on a defendant.
Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
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