| Garnish |
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The legal act by which a person who is owed
money seizes money or property of the debtor when the money or
property is held by a third party. For example, a person who is owed
money may use garnishment to collect the debt from the bank account
or wages of the debtor. |
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| Good faith |
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Honest and genuine effort to satisfy an
obligation. |
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| Good will |
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An asset of a business based upon the
business's established relationships with its customers. Although
the asset is intangible, standard accounting practices can be used
to develop a money value of the asset. |
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| Grand jury |
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A panel of eligible citizens called to
assess whether there is sufficient evidence to support an indictment
of a person. Unlike a petit jury, the grand jury does not decide
guilt or innocence. It listens only to the prosecutor's evidence and
determines whether there is enough evidence to charge a person with
a crime. |
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| Green card |
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Informal name of identification document
provided to permanent resident aliens in the United States. |
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| Guaranty |
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A promise to pay a debt incurred by another
person. |
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