lien on goods
1Lien — For other uses, see Lien (disambiguation). Property law …
2lien — The right of one person to retain possession of goods owned by another until the possessor s claims against the owner have been satisfied. In a general lien, the goods are held as security for all the outstanding debts of the owner, whereas in a… …
3lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …
4Lien — A security interest in one or more assets that is granted to lenders in connection with secured debt financing. The New York Times Financial Glossary * * * lien li‧en [ˈliːən, liːn] noun [countable] LAW 1. a person s or organization s right to… …
5lien — An interest or encumbrance held by a creditor in a debtor s real or personal property for the satisfaction of a debt. The lien may arise as a result of a consensual contract between the debtor and the creditor such as a security agreement or a… …
6lien — lien1 lienable, adj. /leen, lee euhn/, n. Law. the legal claim of one person upon the property of another person to secure the payment of a debt or the satisfaction of an obligation. [1525 35; < AF, OF < L ligamen tie, bandage, equiv. to liga(re) …
7Lien — Lie Lie, v. i. [imp. {Lay} (l[=a]); p. p. {Lain} (l[=a]n), ({Lien} (l[imac] [e^]n), Obs.); p. pr. & vb. n. {Lying}.] [OE. lien, liggen, AS. licgan; akin to D. liggen, OHG. ligen, licken, G. liegen, Icel. liggja, Sw. ligga, Dan. ligge, Goth. ligan …
8lien — The right to hold another s goods or property until a claim is met. See mechanic s lien …
9lien — /li:n/ noun the legal right to hold someone’s goods and keep them until a debt has been paid …
10lien — / li:ən/ noun the legal right to hold someone’s goods and keep them until a debt has been paid …
