Specific Lien - Law Dictionary Search Results

debenture

they are owed] : an unsecured bond that is backed by the issuer's general credit rather than a specific lien called also debenture bond see also indenture compare mortgage bond at bond NOTE: Debentures are often convertible to

terre tenant

tenir to hold] : one in actual possession of land ;specif : one who purchases land after a lien of mortgage or judgment has attached used chiefly in the law of Pennsylvania

purchase

giving other valuable consideration ;specif : to take (property) by a voluntary transaction (as a sale, mortgage, pledge, lien, or gift) that creates an interest and that is governed by the Uniform Commercial Code see also bona

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