Injunction

AAA

DEFINITION of 'Injunction'

A court order that prevents somebody from doing something specific. An injunction is used by a court when monetary restitution isn't sufficient to remedy the harm. For example, if someone wrecks your car, it's easy to put a monetary damage amount on that. But if someone is threatening to sell a video of you in a compromising situation, it's more important to stop the video from getting out than to quantify the damages.


INVESTOPEDIA EXPLAINS 'Injunction'

Temporary injunctions are commonly used when a legal issue hasn't been decided yet. For example, let's say a married couple owns a baseball team. That couple is going through a divorce and there is a dispute as to who owns and controls the team. If the husband tried to move the team to another city, the wife would be able to get a temporary injunction to prevent the move until the court decided the ownership issue.

RELATED TERMS
  1. Lis Pendens

    An official notice to the public that a lawsuit has been filed. ...
  2. Admiralty Court

    Any court governed by admiralty law, whether the court is officially ...
  3. Class Action

    An action where an individual represents a group in a court claim. ...
  4. Power Of Attorney

    A legal document giving one person (called an "agent" or "attorney-in-fact") ...
  5. Probate

    The legal process in which a will is reviewed to determine whether ...
  6. Safe Asset

    Assets which, in and of themselves, do not carry a high likelihood ...
Related Articles
  1. Retirement

    Build A Wall Around Your Assets

  2. Home & Auto

    Cover Your Company With Liability Insurance

  3. Home & Auto

    Protect Your Company From Employee Lawsuits

  4. Struggling businesses don't always choose bankruptcy. They can try negotiating with creditors directly or liquidating assets outside the U.S courts.
    Entrepreneurship

    Alternatives To Business Bankruptcy

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  3. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  4. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  5. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center