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单词 prior lien
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prior lien
prior lien n. Law a lien on property (or other assets) which has priority over other liens on the same property.
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1767 J. T. Atkyns Rep. Cases Chancery 2 244 If there were creditors of the husband, who had a prior lien on the property so conveyed, it might make a material difference.
1811 Times 5 Nov. 3/3 The late Sheriffs of London and Middlesex..had levied an execution upon goods;..upon which goods the plaintiff claimed a prior lien by virtue of a bill of sale.
1987 Jrnl. Southern Afr. Stud. 13 430 The merchant bank took a prior lien on all revenues of the state, reserved a first refusal on future borrowing, [etc.].
extracted from prioradj.adv.n.2
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更新时间:2024/11/13 12:54:52