general lien
Noun | 1. | general lien - a lien on all the property owned by a debtor and not just a specific property |
单词 | general lien | |||
释义 | general lien
general lienGeneral lienGeneral Liengeneral lienA lien that attaches to all property of a debtor located within the area where the lien was recorded.Judgments and IRS liens are general liens,which may be satisfied from the sale of any property found.Contrast with specific lien,which is upon specifically described property only.general lien
Words related to general lien
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