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Special Lien - Law Dictionary Search Results

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redeem

by right and not on the open market [ preferred shares] 2 a : to free from a lien or pledge usually by payment of the amount secured thereby [ collateral] b : to exercise an equity

right of redemption

right of redemption :the right to regain ownership of property by freeing it from a debt, charge, or lien (as by paying to the creditor what is due to release the secured property) ;specif : a mortgagor's

Demurrage

beyond a specified time. The Port Trust with a view to recover those dues would ordinarily have a lien on the goods and can refuse to deliver the goods till the demurrage charges are paid, Sun Export

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Joint-tenancy

Should one expend money in the repair and improvement of the estate, he will have a claim or lien on the estate for the amount of such money. (3) When partners in trade purchase property for the

Freight

to be carried and through any fault of the consignor has not been carried. As to the shipowners' lien for freight, see (English) Merchant Shipping Act, 1894, ss. 494, 495 (repeating ss. 68-70 of the repealed Merchant

Chancery

raising of portions or other charges on land; sale and distribution of proceeds of property subject to a lien or charge; execution of trusts, charitable or private; rectification, setting aside, or cancelling deeds or other written instruments;

holder for value

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 judicial process, payment of or use of the instrument as security for

Incumbrance

Incumbrance, a claim, lien, or liability attached to property; as a mortgage, a registered judgment, etc. This is the sense in which

Bare trustee

has the exclusive right to direct how it shall be dealt with subject to satisfying any outstanding charge, lien or other right of the trustee to resort to it for the payment of duty, taxes, costs or

Revendication

of some commercial countries, a right is reserved to the vendor to retake them, or he has a lien upon them for the price, if unpaid: and in other countries he possesses a right of stoppage in

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