What is a judgment?

A judgment is the official decision of a court at the completion of a lawsuit. Regarding a debt, a judgment will stipulate the amount owed. Once a debt has been reduced to a judgment it may be enforced through wage garnishment, garnishment of bank accounts or liens against property depending on state law.

wikipedia : Judgment (law)
A judgment, in a legal context, is synonymous with the formal decision made by a court following a lawsuit. At the same time the court may also make a range of court orders, such as imposing a sentence upon a guilty defendant in a criminal matter, or providing a remedy for the plaintiff in a civil matter.

In the United States, under the rules of civil procedure governing practice in federal courts and most state courts, the entry of judgment is the final order entered by the court in the case, leaving no further action to be taken by the court with respect to the issues contested by the parties to the lawsuit. With certain exceptions, only a final judgment is subject to appeal.
In some legal systems (particularly civil law jurisdictions), a judgment is not considered final until after appeals have been exhausted or waived.



Noun
The ability to make considered decisions or come to sensible conclusions.
An opinion or conclusion.
Synonyms
judgement - verdict - opinion - sentence - decision


Judgment

• an act or instance of judging.
• the demonstration or exercise of such ability or capacity: The major was decorated for the judgment he showed under fire.
• the forming of an opinion, estimate, notion, or conclusion, as from circumstances presented to the mind: Our judgment as to the cause of his failure must rest on the evidence.
• the opinion formed: He regretted his hasty judgment.