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General Lien - Law Dictionary Search Results

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encumbrance

encumbrance also in·cum·brance [in-kəm-brəns] n : a claim (as a lien) against property ;specif : an interest or right (as an easement or a lease) in real property that

secured debt

secured debt Debt backed by a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home

Lien

Matched in: Term Lien

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property

that is usually considered part of the bankruptcy estate 2 : property acquired after the perfection of a lien or security interest ;esp : such property acquired after the creation of a lien or security interest that

Factor

is entrusted with the possession and disposal of the goods, and has a special property in, and a lien on, them; yet neither can delegate his authority, unless conferred by usages of trade or the assent of

free

"U.S. Constitution amend. I"] [a and voluntary confession] 3 : relieved from or lacking a burden (as a lien or other encumbrance on title) [a buyer in ordinary course of business…takes of a security interest created by

free

"U.S. Constitution amend. I"] [a and voluntary confession] 3 : relieved from or lacking a burden (as a lien or other encumbrance on title) [a buyer in ordinary course of business…takes of a security interest created by

choate

choate [back-formation from inchoate] : being complete and superior to subsequent liens see also choate lien at lien compare inchoate cho·ate·ness n

inchoate

inchoate 1 a : not yet made complete, certain, or specific : not perfected see also inchoate lien at lien b : not yet transformed into actual use or possession [until an employee has earned his

postpone

a later time 2 : to place later in precedence, preference, or importance ;specif : to subordinate (a lien) to a later lien post·pon·able adj post·pone·ment n

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