Lien

Business / Construction / Lien: An encumbrance that usually makes real or personal property the security for payment of a debt or discharge of an obligation.
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Mechanics Lien

Business / Construction / Mechanics Lien: A lien on real property, created by statue in many years, in favor of persons supplying labor or materials for a building or structure, for the value of labor or materials supplied by them. In some ju MORE

Mortgage Lien

Business / Real Estate / Mortgage Lien: A lien or charge on the property of a mortgagor that secures the underlying debt obligations. MORE

Perfected First Lien

Business / Finance / Perfected First Lien: A first attachment on an asset that is duly recorded with the relevant government body so that the lender will be able to act on it should the borrower default. MORE

Prior-Lien Bond

Business / Finance / Prior-Lien Bond: A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured. MORE

Limitation On Liens

Business / Finance / Limitation On Liens: A bond covenant that restricts in some way a firm's ability to grant liens on its assets. MORE

Lienholder

Business / Taxes / Lienholder: A lienholder is the bank, finance company, credit union, other financial institution, or individual with whom you signed an agreement to borrow money using a particular asset, such as a car, as collat MORE