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Wage Assignment

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Wage assignment
A loan agreement provision allowing the lender to deduct payments from an employee's wages in case of default.
Wage Assignment
A voluntary deduction from a person's paycheck. One may contribute to a retirement account, repay a debt, or make any number of other payments through wage assignment. It contrasts with wage garnishment (which is done for taxes or child support, for example) because it is voluntary.
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The consultant demands that you sign a wage assignment, a new lien on the property, or a security agreement for compensation.
Foreclosure Consultations when the Home's at Risk by Yodle Local / General interest community
These disposable earnings for wage garnishment under the CCPA many deductions are not made from the employees gross earnings such as voluntary wage assignments, union dues, health and life insurance, savings bonds purchased, payments made for payroll advances, contributions to charitable causes.
The Legal Procedure of Wage Garnishment by Earl Powers / Finance and Investment community
Total additions to or deductions from wages paid each pay period including employee purchase orders or wage assignments.
Employers must keep records by The Register-Guard (Eugene, OR)
 
 
 
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