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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Contempt Of Court

Definition:

Yeah, we all know what this one means.

Being held in contempt of court means you've been stupid enough to violate a court order, court injunction, or a subpoena. When a court tells you that you need to do something... you need to do it. Or hire a really good lawyer who can find lots of reasons why you're the exception to the rule.