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Materialman S Lien - Law Dictionary Search Results

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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

postpone

off to 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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Officiating

is appointed to a post in a higher rank, but not permanently or substantively, while still retaining his lien on his substantive post, Arun Kumar Chatterjee v. South Eastern Railway, AIR 1985 SC 482 (485): (1985) 2 … Officiating, according to its ordinary connotation, the word 'officiating' is generally used when a servant having held one post permanently of substantively, is appointed to a post in a higher rank, but not

Pawn

far as is necessary to secure the debt. A pawn or pledge is an intermediate between a simple lien and a mortgage which wholly passes the property in the thing covered, Lallan Prasad v. Rahmat Ali, AIR … Pawn, is a security, whereby contract, a deposit of goods is made as security for a debt. The right to property vests

holder for value

holder for value :a holder to whom an instrument is issued or transferred in exchange for something of value (as a promise of performance, a security interest or lien in the instrument not obtained by

Incumbrance

a claim, lien, or liability attached to property; as a mortgage, a registered judgment, etc. This is the sense in which the term is ordinarily used. An encumbrance in this sense has to be liability 'attached to

Receivers certificate

railroad Receivers certificates are ordinarily a first lien on the assets prior to that of bonds or other securities

Blanket mortgage

debts as a group or subjects a group or class of different pieces of property to one general lien … or class of things or properties instead of one or more things mentioned individually as where a mortgage secures various debts as a group or subjects a group or class of different pieces of property to one

Incumbrancer

One who holds an incumbrance or some legal claim lien or charge on an estate

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