lien

(redirected from Discharging a Lien)
Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia.

lien

 (lēn, lē′ən)
n. Law
1. 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.
2. The right to hold another's property as security for a debt owed.

[French, tie, bond, from Old French, constraint, from Latin ligāmen, bond, from ligāre, to bind; see leig- in Indo-European roots.]

lien′a·ble adj.

lien

(ˈliːən; liːn)
n
(Law) law a right to retain possession of another's property pending discharge of a debt
[C16: via Old French from Latin ligāmen bond, from ligāre to bind]

lien

(lin, ˈli ən)

n.
the legal right to hold another's property or to have it sold or applied for payment of a claim, esp. to satisfy a debt.
[1525–35; < Anglo-French, Old French < Latin ligāmen tie, bandage =ligā(re) to tie + -men n. suffix of result]
lien′a•ble, adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.lien - the right to take another's property if an obligation is not discharged
security interest - any interest in a property that secures the payment of an obligation
artisan's lien - lien permitting an artisan to retain possession of a piece of work until has been paid for
general lien - a lien on all the property owned by a debtor and not just a specific property
judgment lien - lien on a debtor's property that is granted to a creditor by court judgment; lien may be enforced by having the sheriff seize the property and hold a sheriff's sale
landlord's lien - lien on a tenant's property for the satisfaction of unpaid rent or property damage; the landlord is given the status of a preferred creditor with regard to the tenant's property
mechanic's lien - lien to secure payment for work and materials in erecting or repairing a building or other structure
tax lien - lien of which a tax collector may avail himself in default of taxes (analogous to a judgment lien)
warehouseman's lien - right of a warehouseman to retain goods until all storage charges have been paid
2.lien - a large dark-red oval organ on the left side of the body between the stomach and the diaphragmlien - a large dark-red oval organ on the left side of the body between the stomach and the diaphragm; produces cells involved in immune responses
lymphatic tissue, lymphoid tissue - tissue making up the lymphatic system
arteria lienalis, lienal artery, splenic artery - an artery that originates from the celiac trunk and supplies blood to the spleen
splenic vein, vena lienalis - a vein formed by several small veins on the surface of the spleen; joins the superior mesenteric to form the portal vein
lymphatic system, systema lymphaticum - the interconnected system of spaces and vessels between body tissues and organs by which lymph circulates throughout the body
Translations

lien

[lɪən] Nderecho m de retención (on de) banker's liengravamen m bancario
general lienembargo m preventivo, gravamen m general
vendor's liengravamen m del vendedor

lien

nZurückbehaltungsrecht nt, → Pfandrecht nt
References in periodicals archive ?
The most common method of discharging a lien is for the owner to bond the lien with the Supreme Court in the county where the property is located.
GCC Servicing Systems, Southfield, Michigan, a provider of mortgage servicing technology and solutions has released its Discharge Automation Module, automating the production of required loan payoff documentation that servicers must send to the county discharging a lien.