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Writ Of Execution

The writ of all writs: the writ of execution. You won’t be beheaded when you get a writ of execution, but your wallet will be. A judge or court will issue a writ of execution as a court order demanding that the transfer of valuable things (assets, money, property, the change in your pocket right now minus the lint) as a result of a legal judgment.

A legal judgment? That just means: after the court has determined that this is what’s going to happen. So you won’t be caught off guard. Also, if you’re cooperative, you shouldn’t need a writ of execution. The judge issues a writ of execution when the defendant refuses to give the plaintiff what the court says it will. Play nice, and hopefully there will be no writ of executions in your future.

Find other enlightening terms in Shmoop Finance Genius Bar(f)