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assignment of future wages

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 292 U.S. 234 - Local Loan Co. v. Hunt · 1934Most cited · 4,519 citing opinions

When a person assigns future wages, he, in effect, pledges his future earning power. The power of the individual to earn a living for himself and those dependent upon him is in the nature of a personal liberty quite as much if not more than it is a property right.