lien

lien
lien1
lienable, adj.
/leen, lee"euhn/, n.
Law. the legal claim of one person upon the property of another person to secure the payment of a debt or the satisfaction of an obligation.
[1525-35; < AF, OF < L ligamen tie, bandage, equiv. to liga(re) to tie + -men n. suffix of result]
lien2
lienal /luy een"l, luy"euh nl/, adj.
/luy"euhn, -en/, n. Anat.
the spleen.
[1645-55; < L lien SPLEEN]

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In law, a charge or encumbrance on property for the satisfaction of a debt or other duty.

Common law developed two kinds of possessory lien: the specific (a lien on the specific property involved in a transaction) and the general (a lien for the satisfaction of a balance due, not confined to a specific property involved in a transaction). Courts of equity may, through the device of the equitable lien, recognize a creditor's interest in a debtor's property. Statutory liens are also available; developers and building contractors, for example, may use their interest in an improved site as security for payment (a mechanic's lien).

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      in property law, claim or charge upon property securing the payment of some debt or the satisfaction of some obligation or duty. Although the term is of French derivation, the lien as a legal principle was a recognized property right in early Roman law.

      The English common law early recognized the creditor's possessory lien, a right of a creditor to retain possession of a debtor's goods until the satisfaction of the debt, generally the payment of the purchase price. In time, the common law developed two kinds of possessory liens: specific liens and general liens. The specific lien extended only to the indebtedness of the property owner for the value of services rendered to or in connection with his property—that is, the price for the repair or improvement of the property. The general lien extends not only to the value of services rendered in regard to the specific property but also to all indebtedness on general account by the property owner to the creditor. Whether a creditor had a general or specific possessory lien came to be determined by custom and trade usage. This classification of creditor's possessory liens was largely superseded in the eventual refinement of common-law contract remedies.

      In addition to the common-law possessory liens, there are also equitable and statutory liens. Courts of equity will in certain situations recognize a creditor's interest in a debtor's property even though the property remains in the debtor's possession. An example of a statutory lien in general use in the United States is the mechanic's lien, most commonly of statutory creation, that confers upon builders, contractors, and others furnishing labour and materials for land improvement an interest in the land so improved as security for payment for their services.

      Mortgages, pledges, and pawns are a generic species of the lien to the extent that they create creditor interests in property, although the law governing these differs substantially from that which applies to the lien.

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Universalium. 2010.

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  • lien — lien …   Dictionnaire des rimes

  • lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …   Law dictionary

  • lien — [ ljɛ̃ ] n. m. • v. 1120; lat. ligamen, de ligare → lier I ♦ 1 ♦ Chose flexible et allongée servant à lier, à attacher plusieurs objets ou les diverses parties d un objet. ⇒ attache, 1. bande, bride, corde, cordon, courroie, élastique, ficelle,… …   Encyclopédie Universelle

  • LIEN — (Heb. שִׁעְבּוּד נְכָסִים, Shibud Nekhasim). The Concept Jewish law enables the creditor to exercise a lien over all the debtor s property, in addition to his remedies against the debtor personally. This lien automatically comes into existence on …   Encyclopedia of Judaism

  • LIEN — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom …   Wikipédia en Français

  • lien — a charge upon a specific property designed to secure payment of a debt or performance of an obligation (Glossary of Common Bankruptcy Terms) A charge against or interest in property to secure payment of a debt or performance of an obligation. A… …   Glossary of Bankruptcy

  • lien — Lien. s. m. Ce qui sert à lier une ou plusieurs choses. Gros lien. un fort lien. un lien de fer. le lien d une gerbe. le lien d un fagot. faire des liens forger des liens. il faut retenir cela avec des liens. Lien, se dit aussi de la corde ou… …   Dictionnaire de l'Académie française

  • Lien — ist der Familienname folgender Personen: Harry Lien (1896–1978), US amerikanischer Skispringer Jennifer Lien (* 1974), US amerikanische Schauspielerin Lotte Lien (* 1988), norwegische Boxerin Merete Lien (* 1952), norwegische Schriftstellerin… …   Deutsch Wikipedia

  • lien — LIÉN, lienuri, s.n. (anat.) Splină. [pr.: li en] – Din lat. lien. Trimis de LauraGellner, 23.05.2004. Sursa: DEX 98  LIÉN s.n. Splină. [pron. li en. / < lat. lien]. Trimis de Laur …   Dicționar Român

  • Lien — (l[=e]n or l[imac] [e^]n; 277), n. [F. lien band, bond, tie, fr. L. ligamen, fr. ligare to bind. Cf. {League} a union, {Leam} a string, {Leamer}, {Ligament}.] (Law) A legal claim; a charge upon real or personal property for the satisfaction of… …   The Collaborative International Dictionary of English

  • Lien — (Snogebæk,Дания) Категория отеля: Адрес: 3730 Snogebæk, Дания Описание …   Каталог отелей

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