English version

lien in Law topic

From Longman Dictionary of Contemporary Englishlienli‧en /ˈliːən, liːn/ noun [countable + on] 🔊 🔊 lawSCL the legal right to keep something that belongs to someone who owes you money, until the debt has been paid
Examples from the Corpus
lienThe trial judge instructed the jury to ignore the concept of a lien.A blanket lien is the least complex arrangement and is comparable to pledging accounts receivable.Inventory Financing Inventory financing is commonly arranged through blanket liens, trust receipts, or field-warehousing arrangement5.The glum history of the heath lien gives reason to fear that these related forms may follow it into oblivion.The owner can still sell the goods even though they are in possession of the repairer who is exercising his lien.A confident style in which echoes from the past meet strong modern liens.Where delivery is made in instalments, the extent of the unpaid seller's lien depends upon whether the contract is severable.Kawaja owes $ 66,541 in unpaid income taxes and penalties, according to federal tax liens.