charging order

charging order
an order of the court granting the applicant a charge over property belonging to a debtor of the applicant.

Collins dictionary of law. . 2001.


charging order
England, Wales
A way of securing a judgment debt by imposing a charge over the beneficial interest in land, securities or certain other assets of a judgment debtor (person against whom there is a money judgment). To realise funds to satisfy the judgment debt, the judgment creditor must go on to also obtain an order for sale.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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