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lien |
Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.12 sec. |
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lien /li·en/ (li´en) [L.] spleen.lie´nal lien accesso´rius accessory spleen. lien mo´bilis floating spleen.
lien (lēn), n a qualified right of property that a creditor has in specific property of the debtor as security for the debt or for performance of some act. lien [L.] spleen. |
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? Mentioned in | ? References in periodicals archive | |
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Similarly, lienholders who were merchants sometimes discouraged food production in order to supply the needed commodities at exorbitant rates during the growing season, and then claim a larger portion of the crop at its end. Researchers found company managers sometimes have concerns that may tempt them to pad earnings--for example, improving their bonuses, appeasing shareholders or lienholders or both and attracting potential investors. The lienholders and the debtor then get to squabble about the division of the proceeds, while the assets transfer lien-free to the purchaser. |
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