Legal Definition and Related Resources of Charging order
Meaning of Charging order
By 1 & 2 Vict. c. 110, §§ 14-16, and 3 & 4 Vict. c. 82, when judgment has been recovered in an action, a judge at chambers may make an order that any government stock, funds, or annuities, or any stock or shares in a public company in England, standing in the name of the judgment debtor in his own right, or in the name of any person as trustee for him, shall stand charged with the payment of the judgment debt. Smith, Actions, 211; Rules of Court, xlvi, 1. The effect is to prevent the transfer of the stock, and to give the judgment creditor all the remedies which he would have been entitled to if the charge had been made in his favor by the judgment debtor, but he cannot enforce it until six months from the date of the order. 1 & 2 Vict. c. 110, § 14; Pish. Mortg. 113 et seq.
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| Charging Order in the Dictionary | Charging Order in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Charging Order |
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| Related topics | Charging Order in the World Encyclopedia of Law |
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This definition of Charging Order is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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English Legal System: Charging Order
In the context of the English law, A Dictionary of Law provides the following legal concept of Charging Order : A court order obtained by a judgment creditor by which the judgment debtor’s property (including money, land, and shares) becomes security for the payment of the debt and interest.
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