Akademik

general lien
An attachment that gives the lender the right to seize the personal property of a borrower who has not fulfilled the obligations of the loan, but prevents the lender from seizing real property. Bloomberg Financial Dictionary

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general lien general lien lien

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general lien UK US noun [C] LAW
an official order that gives a person or organization the right to keep property that belongs to someone who owes them money until the debt is paid back, whether the property is related to the debt or not: a general lien against sb »

The carrier shall have a general lien against the owner of the goods for any monies due to the carrier.


Financial and business terms. 2012.