Definition of Lien

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Definition of Lien

lien

of Lie

of Lie. See Lain.

A legal claim; a charge upon real or personal property for the satisfaction of some debt or duty; a right in one to control or hold and retain the property of another until some claim of the former is paid or satisfied.

A charge, lien, etc., that successively attaches to such assets as a person may have from time to time, leaving him more or less free to dispose of or encumber them as if no such charge or lien existed.

Related Definitions:

And, Another, As, Assets, Charge, Claim, Control, Debt, Dispose, Duty, Encumber, Existed, For, Former, Free, From, Have, Him, Hold, If, In, Is, Lain, Leaving, Legal, Less, Lie, Lien, May, More, No, Of, One, Or, Paid, Person, Personal, Property, Real, Retain, Right, Satisfaction, Satisfied, See, Some, Successively, Such, That, The, Them, Time, To, Until, Upon

Lien Translations

lien in German is Pfandrecht

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