Lien (redirected from Lienor)
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Related to Lienor: Liens

Lien
A security interest in one or more assets that lenders hold in exchange for secured debt financing.

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Lien
The ability of a lender to sell the collateral if the borrower defaults on a loan. For example, if a loan is secured by one house, the bank or other lender has a lien on the house. It may foreclose and sell the house if the borrower does not make payments in a timely manner. A lien makes a loan less risky for the lender and may entitle the borrower to a lower interest rate or even a higher line of credit. See also: Secured Bond, Mortgage.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
lien
The legal right of a creditor to sell mortgaged assets when the debtor is unable or unwilling to meet requirements of a loan agreement. A lien makes a bondholder's claim more secure.

Lienor Legal Definition | Merriam-Webster Law Dictionary
https://www.merriam-webster.com/legal/lienor

Legal Definition of lienor. : one holding a lien against the property of another.

Lienor legal definition of lienor - Legal Dictionary - The Free Dictionary
https://legal-dictionary.thefreedictionary.com/lienor

lienor. n. a person who holds a lien on another's property or funds. ( See: lien)