seller's lien — ➔ lien * * * seller s lien UK US noun [C] LAW ► an official rule that allows a seller to take property back from a customer who has not paid for it: »The printer claimed an unpaid seller s lien … Financial and business terms
unpaid seller — a seller of goods is an unpaid seller within the meaning of the Sale of Goods Act 1979 when the whole price has not been paid or tendered or when a bill of exchange or other negotiable instrument has been received as conditional payment and the… … Law dictionary
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 — For other uses, see Lien (disambiguation). Property law … Wikipedia
lien — An interest or encumbrance held by a creditor in a debtor s real or personal property for the satisfaction of a debt. The lien may arise as a result of a consensual contract between the debtor and the creditor such as a security agreement or a… … Financial and business terms
Lien — A security interest in one or more assets that is granted to lenders in connection with secured debt financing. The New York Times Financial Glossary * * * lien li‧en [ˈliːən, liːn] noun [countable] LAW 1. a person s or organization s right to… … Financial and business terms
lien — The right of one person to retain possession of goods owned by another until the possessor s claims against the owner have been satisfied. In a general lien, the goods are held as security for all the outstanding debts of the owner, whereas in a… … Big dictionary of business and management
vendor's lien — A creature of equity, being a lien impliedly belonging to a vendor for the unpaid purchase price of land, where he has not taken any other lien or security beyond the personal obligation of the purchaser. An equitable security which arises from… … Black's law dictionary
resale — re·sale / rē ˌsāl, ˌrē sāl/ n: the act or an instance of selling again; specif: the selling of goods again by the same seller by right and after a breach by the original buyer a purchaser who buys in good faith at a resale takes the goods free of … Law dictionary
carriage of goods — ▪ law Introduction in law, the transportation of goods by land, sea, or air. The relevant law governs the rights, responsibilities, liabilities, and immunities of the carrier and of the persons employing the services of the carrier.… … Universalium
sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation … Law dictionary
