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lien
(redirected from Lienor)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
lien /li·en/ (li´en) [L.] spleen.lie´nal
lien accesso´rius  accessory spleen.
lien mo´bilis  floating spleen.

li·en (ln, -n)
n.
The spleen.

lien.
See spleen.

lien [li´en] (L.)
spleen. adj., adj lie´nal.
lien accesso´rius an 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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When the bond proved to be worthless, owing to the insolvency of the principal and the surety, the lienor petitioned the court to reinstate the lien unless the owner furnished new or additional security.
With these types of laws, the property is more likely to be redeemed because the lienor will not let the property go for taxes.
A lien is filed, is revealed of record in the foreclosure search, and elicits naming the lienor as a party defendant to unburden the title from that interest.
 
 
 
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