lien

(redirected from First lien)
Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia.
Related to First lien: first lien position

lien

legal claim
Not to be confused with:
lean – to incline: lean on me; thin, skinny, lank, lanky; sparse; economical
Abused, Confused, & Misused Words by Mary Embree Copyright © 2007, 2013 by Mary Embree

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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

lien

nZurückbehaltungsrecht nt, → Pfandrecht nt
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in periodicals archive ?
A $27,525,700 first lien mortgage for the acquisition of a 200-unit multifamily on SE Olson Dr in Waukee, IA.
Securities and Exchange Commission, has assigned an 'AA' rating to Houston, Texas' (the city) Combined Utility System (the system) first lien revenue and refunding bonds.
Global Aviation Holdings Inc, the parent company of North American Airlines and World Airways, on Wednesday announced that it has accepted USD10m of its 14% senior secured first lien notes due 2013 for purchase related to its 30 June 2011 semi-annual offer to repurchase.
According to LPC, in the first quarter of 2007, the spread of second lien loans over LIBOR averaged 598 basis points while spreads for first lien loans averaged 281 basis points.
ICON's five-year second-lien loan is, in effect, a secondary piece of a larger, traditional asset-based revolving loan the company took out with a first lien; that loan, led by Bank of America, totaled $250 million spread among seven lenders.
* A $13,840,000 first lien mortgage for the acquisition of a 168-unit multifamily on Shipley Rd in Wilmington, DE.
* A $11,000,000 first lien mortgage for the acquisition of a multifamily on Forest St and N Fullerton Ave in Montclair, NJ.
A $7,140,000 first lien mortgage for the acquisition of a 44-unit multifamily on Echo PI in Bronx, NY.
* A $52,000,000 first lien mortgage for the refinance of a mixed-use on Myrtle Ave in Brooklyn, NY.
* A $20,500,000 first lien mortgage for the acquisition of a 17-unit office building on Pavonia Ave in Jersey City, NJ.
A $6,300,000 first lien mortgage for the refinance of a 4-unit office building on Foster Ave in Brooklyn, NY.
* A $9,592,000 first lien mortgage for the refinance of a 269-unit multifamily on Cleveland Ave in Kansas City, MO.

Full browser ?