A lien is an encumbrance on one person's property to secure a debt the property owner owes to another person. The statement that someone's property is "tied up" describes the effect of liens on both real andPersonal Property.Lienis a French word meaning "knot or binding" that was brought...
lien: A claim upon a part of another's property that arises because of an unpaid debt related to that property and that operates as an encumbrance on the property until the debt is satisfied.
*leig- Proto-Indo-European root meaning "to tie, bind." It forms all or part of:alloy;ally;colligate;deligate;furl;league(n.1) "alliance;"legato;liable;liaison;lien;lictor;ligand;ligament;ligate;ligation;ligature;oblige;rally(v.1) "bring together;"religion;rely. ...
If a person takes out a loan to buy a car, the lender might place a lien on the vehicle.如果一个人贷款购买汽车,贷款人可能会在车辆上加上留置权。This means that until the loan is paid off, the lender has the right to repossess the car if the borrower defaults on payments.这意味着在...
What is a lien amount? Lien Amount Meaning A lien means putting a lock. So, the lien amount isthe amount which the bank has put a hold on. That amount is frozen, and you can't withdraw those funds or use them until the lien is removed. The bank may put a lien on a specific am...
A lienholder is the bank, finance company, credit union, other financial institution, or individual with whom you signed an agreement to borrow money using a particular asset, such as a car, as collateral. As long as there is a balance due on the loan, the lienholder must be repaid befo...
aJakkalsvlei Private Wine Cellar is situated along the picturesque Garden Route, and gets its name from the many jackals and wild cats which can be spotted on the estate – the name Jakkalsvlei meaning ‘Jackal’s Valley’. Jakkalsvlei私有葡萄酒库沿美丽如画的庭院路线位于,并且从在庄园-命名Ja...
a大叫好,我的名字叫杜添 Yells, my name is called Du to add[translate] aI promise not to forget 我许诺不忘记[translate] a卖蔬菜水果 Sells the vegetables fruit[translate] a我想是因为穿得太少了 I want to be because put on too little[translate] ...
if someone takes out a loan to buy a car, the car dealer would be paid using the borrowed funds from the bank. In turn, thebankwould be granted a lien on the vehicle. If the borrower does not repay the loan, the bank has the right toexecute the lien, seize the...
meaning that the lien is created by an action taken by the debtor, such as a borrower who obtains amortgageto buy a home and agrees that the home will serve as collateral for the loan. That's opposed to an involuntary lien, which is imposed on the debtor by, for example, a court of...