general lien Synonyms

No Synonyms and anytonyms found

general lien Meaning

Wordnet

general lien (n)

a lien on all the property owned by a debtor and not just a specific property

general lien Sentence Examples

  1. The repair shop filed a general lien on the car for unpaid repair bills.
  2. The bank held a general lien on all of the borrower's assets as collateral for the loan.
  3. Under a general lien, the creditor has a right to seize all of the debtor's property.
  4. The state filed a general lien for unpaid taxes against the property.
  5. The contractor had a general lien on the construction project for payment due.
  6. A general lien creates a security interest in all of the debtor's property.
  7. A creditor with a general lien is entitled to priority over unsecured creditors.
  8. The court discharged the general lien after the debt was satisfied.
  9. The general lien attached to the property at the time the debt became due.
  10. The validity of a general lien depends on the applicable state laws.

FAQs About the word general lien

a lien on all the property owned by a debtor and not just a specific property

No synonyms found.

No antonyms found.

The repair shop filed a general lien on the car for unpaid repair bills.

The bank held a general lien on all of the borrower's assets as collateral for the loan.

Under a general lien, the creditor has a right to seize all of the debtor's property.

The state filed a general lien for unpaid taxes against the property.