GARNISH Definition

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GARNISH is to take a debtors wages under a legal order, e.g. for child support or an IRS tax liability.

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FUND MANAGEMENT is the professional, in many cases regulated, caretaker of client assets for a fee. Dependent upon type of fund, the fund may be authorized to put assets within the fund at risk in the pursuit of profits for the asset owners (clients).

INDEX STOCK is a security listed on a stock index. See STOCK INDEX.

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