General Lien

Business / Real Estate / General Lien: The right of a creditor to have all of a debtors property—both real and personal—sold to satisfy a debt.

Other Words for General

General Adjective Synonyms: mixed, assorted, miscellaneous, heterogeneous, encyclopedic or encyclopaedic, diversified, extended, broad, comprehensive, inclusive, all-inclusive, non-exclusive, overall, blanket, across the board, sweeping, panoramic, catholic, composite, combined
General Noun Synonyms: common, prevailing, accepted, popular, public, communal, community, widespread, shared, extensive, prevalent, universal, worldwide, global, comprehensive, inclusive, all-inclusive, non-exclusive, overall, unrestricted
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Judgment Lien

Business / Real Estate / Judgment Lien: A general lien on the property of a judgment debtor, giving the holder of the judgment a right to levy the property to satisfy the debt. MORE

Lien

Business / Accounting / Lien: A court order where a creditor places a claim on property or other types of security owned by the debtor to recover the costs of the debt. MORE

Leverage Clientele

Business / Finance / Leverage Clientele: A group of shareholders who, because of their personal leverage, seek to invest in corporations that maintain a compatible degree of corporate leverage. MORE

Junior Lien-Mortgage

Business / Real Estate / Junior Lien-Mortgage: An obligation, such as a second mortgage, that is subordinate in right or lien priority to an existing lien (senior loan) on the same real estate. MORE

Lien Theory

Business / Real Estate / Lien Theory: Some states interpret a mortgage as being purely a lien on real property. The mortgagee thus has no right of possession but must foreclose the lien and sell the property if the mortgagor defaults. MORE

Lien Waiver

Business / Real Estate / Lien Waiver: Documents signed by subcontractors and suppliers, indicating they have received payment in full. MORE

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