Satisfaction Of Judgment Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Satisfaction Of Judgment, written in plain English, along with examples of how it is used.
What is Satisfaction Of Judgment?
(n) Satisfaction of judgment is the written acceptance of the satisfaction or settlement of the monetary amounts due to him as per the judgment
History and Meaning of Satisfaction Of Judgment
Satisfaction of judgment is a legal term that refers to the process of fulfilling the terms of a court-ordered judgment. It is a written document that confirms that the monetary sum ordered by the court in a judgment has been paid and that the plaintiff is satisfied with the payment. This satisfaction of judgement can also be partial or conditional, depending on the terms of the settlement. The legal term has been in use for many years and is commonly found in both civil and criminal cases.
Examples of Satisfaction Of Judgment
Here are some examples of how the term may be used:
- A plaintiff may file a satisfaction of judgment with the court after receiving payment from the defendant.
- The settlement agreement may specify partial satisfaction of judgments, indicating that the plaintiff receives only a portion of the monetary amount specified in the judgment.
- A satisfaction of judgment may be entered in a criminal case, indicating that the accused has met the sentence ordered by the court.
- The satisfaction of judgment may be entered by the court without the plaintiff’s signature if the payment has been made to the court.
Legal Terms Similar to Satisfaction Of Judgment
Here are some legal terms related to satisfaction of judgment and their one-sentence definition:
- Judgment creditor: a party who has been awarded a monetary judgment by the court.
- Judgment debtor: a party who owes money as a result of a court-ordered judgment.
- Execution: the process of carrying out a court-ordered judgment.
- Garnishment: a legal order that requires a third party to withhold funds from a debtor’s wages or bank account to pay a judgment.