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26984 words
lien
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2 definitions • 5 examples
1
an
official
order
that
allows
someone to keep the
property
of a person who
owes
them money until it has been
paid
2
an
official
order
that
allows
someone to keep the
property
of a person who
owes
them money until the money has been
paid
back:
Examples:
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
.
State
law
allows
the
city
to put a lien on the
property
to
grab
its
money when it's
sold
.
a lien against sth
Officials
want to place a lien against
half
of the home to
ensure
payment
.
The
bank
intends
to hold a lien on the
entire
balance
for the $400
due
.
claim
/
exercise
/have a lien
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