Updated: Aug 20, 2021

Prevention of a debtor from disposing of specific money or goods in the hands of third parties, until the debt has been settled.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.