noun
- Law) a legal document issued by a court or judicial officer. (.
- synonyms: judicial writ
Search for synonyms and antonyms
Writ is an order of the court enforcing the law or its separate orders by directing that some act be performed, as opposed to an order of judgment declaring a debt (as in a case for damages in tort or breach of contract) or enjoining some future action (as in a case to enforce the terms of an agreement or to prevent one person from causing or threatening harm to another). There were in the common law many different types of writs. A few still in use are listed hereinafter. Writs are obtained by motions or petitions to a court having jurisdiction.
Execution is the process of completing an order to buy or sell securities. Once a trade is executed, it is reported by a Confirmation Report; settlement (payment and transfer of ownership) occurs in the U. S. Between one (mutual funds) and three (stocks) days after an order is executed. The time varies greatly across countries. In France, for example settlements are only once per month.