Order Nisi: Canada Debt .ca defines Order Nisi

Bankruptcy Term Order Nisi

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Canada Debt has the definition to the bankruptcy and debt term Order Nisi. Finding answers to terms such as Order Nisi can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Order Nisi in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Order Nisi' is used as follows:

A judgment or decree that will become final on a particular date unless set aside or invalidated by certain specified contingencies. In mortgage foreclosure actions, it is the order of the Court which accelerates the amount due under the mortgage document.