lien(redirected from Discharging a Lien)
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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.]
(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)
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]
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|Noun||1.||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 diaphragm; produces cells involved in immune responses|
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