English
English version

first lien

From Longman Business Dictionaryfirst lienˌfirst ˈlienLAWFINANCE a lien that gives one particular lender the right to take the assets of a person or organization that owes them money before anyone else receives paymenta mortgage constituting a first lien on the property lien
Pictures of the day
What are these?
Click on the pictures to check.