GARNISH Definition

Bookmark and Share

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

Learn new Accounting Terms

ITEMIZED DEDUCTIONS is amounts paid by an individual taxpayer for personal and quasi-business expenses that can be deducted in computing taxable income, such as medical expenses, property and income taxes, mortgage and investment interest, charitable contributions, moving expenses, casualty and theft losses, and certain miscellaneous expenses. See STANDARD DEDUCTIONS.

OVERSIGHT, in management, is overseeing the performance or operation of a person or group; or, generally, an unintentional omission resulting from failure to notice something.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.