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- DictionaryLien/ˈlē(ə)n/
noun
- 1. a right to keep possession of property belonging to another person until a debt owed by that person is discharged: "they shall be entitled to a lien on any lot sold"
The meaning of LIEN is a charge upon real or personal property for the satisfaction of some debt or duty ordinarily arising by operation of law. How to use lien in a sentence.
A lien ( / ˈliːn / or / ˈliːən /) [Note 1] is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the lienee [3] and the person who has the benefit of the lien is referred to as the lienor [4 ...
noun. law a right to retain possession of another's property pending discharge of a debt. lien. A claim or right given to a creditor to secure payment of a debt, usually by sale of the debtor's property.
Feb 23, 2024 · A lien is a claim or legal right against assets that are typically used as collateral to satisfy a debt. A creditor or a legal judgment could establish a lien. A...
an official order that allows someone to keep the property of a person who owes them money until the money has been paid back: This could occur where someone has a lien over the goods, i.e. a right to retain possession of them until a debt is paid.
an official order that allows someone to keep the property of a person who owes them money until the money has been paid back: This could occur where someone has a lien over the goods, i.e. a right to retain possession of them until a debt is paid.
A lien is a security interest or legal right acquired in one's property by a creditor, or lienholder. A lien usually prevents sale of the property until the underlying obligation to the creditor is satisfied.
A lien is a claim against the property of someone who owes money. It's pronounced like "lean," which might also describe your meager finances if a lien has been placed on your home.
Definition of "lien" A legal claim by a creditor to seize a debtor's property if the debt isn't settled. How to use "lien" in a sentence. After failing to pay his property taxes, a lien was placed on his home. In order to recover the debt, the contractor placed a lien on the client's house.
Origin of lien 1 First recorded in 1525–35; from Anglo-French, Old French, from Latin ligāmen “tie, bandage,” from ligā(re) “to tie” + -men, noun suffix of result; cf. ligament
