Arrestment Law and Legal Definition

Arrestment is a process by which a creditor may attach money or movable property which a third person holds on behalf of his/her debtor.

It is an order of a judge, by which one who is debtor in a movable obligation to the arrester's debtor is prohibited to make payment or delivery till the debt due to the arrester is paid or secured. [Wilder v. Inter-Island Steam Navigation Co., 211 U.S. 239 (U.S. 1908)].