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GLOSSARY: Enter search term:
Browse dictionary by letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Glossary Term: LIEN

Definition(s) for LIEN:


1. ) a legal claim against property that must be satisfied When the property is sold

2. ) A creditor's claim against a property, which may entitle the creditor to seize the property if a debt is not repaid

3. ) means, with respect to any asset, pledges, mortgages, title defects or objections, claims, liens, charges, encumbrances or security interests of any kind or nature.


See Also:
BLANKET LIEN, CONSENSUAL LIEN, FLOATING LIEN, JUDGMENT LIEN, JUDICIAL LIEN, LIEN SEARCHES, MATERIALMAN'S LIEN, MECHANIC'S LIEN, NO-LIEN CONTRACT, PRECLOSING LIEN SEARCH, STATUTORY LIEN, TAX LIEN, DISCHARGE OF LIEN, GENERAL LIEN, PRIOR-LIEN BOND


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