Tag: court

Fair Labor Standards Act (FLSA)

What is 'Fair Labor Standards Act - FLSA' A United States law which sets out various labor regulations regarding interstate commerce employment,...

Federal Communications Commission (FCC)

DefinitionThe Federal Communications Commission is an independent agency of the United States government created by statute to regulate interstate communications by radio, television, wire,...

Fair Debt Collection Practices Act (FDCPA)

What is the 'Fair Debt Collection Practices Act - FDCPA' The Fair Debt Collection Practices Act (FDCPA) is a federal law that...

Family Limited Partnership (FLP)

What is 'Family Limited Partnership - FLP' A type of partnership designed to centralize family business or investment accounts. FLPs pool together...

Water Damage Clause

What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...
Wanton Disregard

Wanton Disregard

Willful or wanton disregard Willful or wanton conduct means the actions of one party were done with a conscious and reckless disregard for another person's...

Waiver Of Subrogation

What is a 'Waiver Of Subrogation' A waiver of subrogation is a contractual provision where one party agrees to limit the rights...
Wage Earner Plan

Wage Earner Plan (Chapter 13 Bankruptcy)

What is the Wage Earner Plan (Chapter 13 Bankruptcy)? The Wage Earner Plan, also known as Chapter 13 bankruptcy, is a repayment plan for individuals...

Waiver Of Notice

When to Use a Waiver of Notice When does a meeting require formal notice? Normally, anyone with an interest must be formally notified, either in...

Garnishment

DefinitionGarnishment is an American legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff to...

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