lien Definition
lien (lēn, lē′ən)
noun
Law a claim on the property of another as security for the payment of a just debt
Etymology: Fr < L ligamen, a band < ligare, to bind, tie: see ligature
lien Synonyms
lien
n.
lien Law Definition
n
A security interest, held by a creditor in a debtors
property, to secure a loan.
attorneys lien
See attorneys
lien.
mechanics lien
A lien against real property to secure payment of amounts owing to
contractors, service people, etc., who performed work on the property.
lien Usage Examples
Converse of object
- exercise: The Dealer shall be entitled to exercise a lien on the Work of Art for any sums owing by the Client to the Dealer.
- claim: The Sureties claimed a maritime lien for necessaries against Commodore's vessels based on the bond.
- charge: To attack a Nevis LLC interest, the creditor has to apply in a Nevis court for issuance of the charging lien.
- have: He also has a lien, or charge, over the property for his costs in the exercise.
- call: The deepening layer of taxation in price that resulted I call the social lien.
- assert: Faith asserted a lien on the cargo for demurrage based on the lien clause incorporated into the original bill.
Preposition: on
- document: Exercise of solicitors ' lien on documents by Society 22.
- good: There were words like ' inter alia ' , ' lien on goods ' and ' pro-rata ' to really give me a headache!
- cargo: Faith asserted a lien on the cargo for demurrage based on the lien clause incorporated into the original bill.
Adjective modifier
- maritime: Priority of maritime lien for breach of charter: inchoate lien: perfected lien.
- contractual: A properly drafted contractual lien would extend over any other aircraft or assets of the operator which are in the facility's hands.
- general: A person when exercising a lien must ascertain whether his contractual lien is a general lien or a particular lien.
- legal: A legal lien remains in force as long as possession of the property is retained.
- particular: A person when exercising a lien must ascertain whether his contractual lien is a general lien or a particular lien.
- real: Many of our associates already have real estate liens in force of between 5 million to over 15 million dollars.
Modifies a noun
clause: The precise charges covered by any lien clause in the bill of lading will be a matter of construction of the bill.
Noun used with modifier
- judgment: A judgment lien ago perhaps of to buy auto.
- tax: Tax lien or higher interest rate taken the property to find work.
- estate: Many of our associates already have real estate liens in force of between 5 million to over 15 million dollars.
- comp: Workers ' comp lien to the courts in benefits more years of.
Browse dictionary entries near lien
- ‹ liegeman
- ‹ liege
- ‹ lief
- ‹ Liederkranz
- ‹ lied
- ‹ Liechtenstein
- ‹ Liebman, David
- ‹ Liebknecht
- ‹ Liebig
- ‹ Liebfraumilch
- lien theory ›
- Liepāja ›
- lier ›
- lierne ›
- lieu ›
- Lieut ›
- lieutenant ›
- lieutenant colonel ›
- lieutenant commander ›
- lieutenant general ›

