Lien Financial Glossary

What is it? A legal hold or claim of one person on the property of another.

Finance Term Definition Added By: Maggie

The Lien definition has been viewed 2927 Time(s)!

Send To Friends!

If you'd like to send the Lien definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Lien. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Prequalification is A process used to assess a prospective borrowers ability to pay back a loan. It determines how much money a prospective homebuyer can borrow before an actual application is made.

Financial Term Renewal FAFSA is One type of FAFSA which resembles a SAR and has the same questions as the FAFSA. The Renewal FAFSA is preprinted with the students prior year responses to certain data items which are likely to remain constant from year to year.

Financial Term Capitalized Lease Payments is Definition Payments to a lender for long term use of equipment or machinery used in the business. Capitalized lease payments reflect a choice as to how to finance an asset of the business.

Financial Term Credit is Allows you to buy goods and services before you pay for them.

Financial Term Mortgage valuation is A valuation, carried out by your mortgage lender, of the property that you want to buy.