A creditor's remedy in which a court directs that
something of value belonging to a debtor but controlled by a third party
commonly the debtor's wages be withheld from the debtor so that it may be used
to satisfy the outstanding debt.
The office of the federal government responsible for,
among other things, auditing the budgets of federal programs.
A theory holding that members of society can be
discouraged from committing criminal acts by the threat of punishment.
Honesty in dealing or negotiating a contract. With
respect to collective bargaining of a labor agreement, the term refers to the
willingness to provide the information necessary to back up one's claims.
A panel of citizens that hears evidence presented by
a prosecutor and determines whether there is probable cause to believe that the
accused committed a crime. If the grand jury finds probable cause, it delivers
an indictment and the accused is held for trial.
A process by which a company is forced to buy back
its own stock at a high price from a would-be purchaser in order to avoid a
takeover. In return for the company's repurchase of its stock, the would-be
purchaser may agree not to seek control of the company for a number of years.
A dispute arising under a collective bargaining
agreement. The agreement may define a grievance generally as any conflict
between the union or a worker and management, or specifically as a conflict
over the meaning of the agreement itself.
A strike to protest day-to-day problems arising under
a collective bargaining agreement.
Refers to a promise by the government to repay any
loan on which a company might default, in order to subsidize the company. Also
known as a bailout.
