Lien

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Dictionary Meaning and Definition on 'Lien'

Lien Meaning and Definition from WordNet (r) 2.0
    lien n
  1. the right to take another's property if an obligation is not discharged
  2. a large dark-red oval organ on the left side of the body between the stomach and the diaphragm; produces cells involved in immune responses [syn: spleen]
Lien Meaning and Definition from Webster's Revised Unabridged Dictionary (1913)
    Lie \Lie\, v. i. [imp. Lay (l[=a]); p. p. Lain (l[=a]n), (Lien (l[imac]"[e^]n), Obs.); p. pr. & vb. n. Lying.] [OE. lien, liggen, AS. licgan; akin to D. liggen, OHG. ligen, licken, G. liegen, Icel. liggja, Sw. ligga, Dan. ligge, Goth. ligan, Russ. lejate, L. lectus bed, Gr. le`chos bed, le`xasqai to lie. Cf. Lair, Law, Lay, v. t., Litter, Low, adj.]
  1. To rest extended on the ground, a bed, or any support; to be, or to put one's self, in an horizontal position, or nearly so; to be prostate; to be stretched out; -- often with down, when predicated of living creatures; as, the book lies on the table; the snow lies on the roof; he lies in his coffin. The watchful traveler . . . Lay down again, and closed his weary eyes. --Dryden.
  2. To be situated; to occupy a certain place; as, Ireland lies west of England; the meadows lie along the river; the ship lay in port.
  3. To abide; to remain for a longer or shorter time; to be in a certain state or condition; as, to lie waste; to lie fallow; to lie open; to lie hid; to lie grieving; to lie under one's displeasure; to lie at the mercy of the waves; the paper does not lie smooth on the wall.
  4. To be or exist; to belong or pertain; to have an abiding place; to consist; -- with in. Envy lies between beings equal in nature, though unequal in circumstances. --Collier. He that thinks that diversion may not lie in hard labor, forgets the early rising and hard riding of huntsmen. --Locke.
  5. To lodge; to sleep. Whiles I was now trifling at home, I saw London, . . . where I lay one night only. --Evelyn. Mr. Quinion lay at our house that night. --Dickens.
  6. To be still or quiet, like one lying down to rest. The wind is loud and will not lie. --Shak.
  7. (Law) To be sustainable; to be capable of being
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Wikipedia Meaning and Definition on 'Lien'


In law, a lien (UK: /ˈliːən/; US: /ˈliːn/) is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the lienor and the person who has the benefit of the lien is referred to as the lienee.

The etymological root is Anglo-French lien, loyen "bond", "restraint", from Latin ligamen, from ligare "to bind".

In the United States, the term lien generally refers to a wide range of encumbrances and would include other forms of mortgage or charge. In the USA, a lien characteristically refers to non-possessory security interests (see generally: Security interest—categories).

In other common-law countries, the term lien refers to a very specific type of security interest, being a passive right to retain (but not sell) property until the debt or other obligation is discharged. In contrast to the usage of the term in the USA, in other countries it refers to a purely possessory form of security interest; indeed, when possession of the property is lost, the lien is released. However, common-law countries also recognize a slightly anomalous form of security interest called an "equitable lien" which arises in certain rare instances.

[See more about Lien at Dictionary 3.0 Encyclopedia]

Words and phrases related to 'Lien'


Meaning of the Name 'Lien'


  • Meaning: Lotus
  • Origin: Chinese
  • Gender: Female


Lien Sample Sentences in News


  • Lien takes second-round lead at Pasadena City Golf Championship - San Gabriel Valley Tribune
    PASADENA - Former Los Altos High School standout Benjamin Lien shot a seven-under-par 63 on Brookside Golf Club's E.O. Nay Course on Friday to take a two-shot lead after 36 holes in the 77th annual Pasadena City Golf Championship. Lien, the ... Read more on this news related to 'Lien'
  • Payment ends Project Strive lien - Times Union
    ALBANY — The IRS has released a $167,000 federal tax lien against an Albany County-funded Ontario Street nonprofit after the county made an $85,000 payment on the group's behalf out of money the organization was owed, according to public records. Read more on this news related to 'Lien'
  • Judge candidate Michael Rausch: Tax lien a 'non-issue' - Great Falls Tribune
    A federal lien against District judge candidate Michael Rausch that the Internal Revenue Service put on his property is a "non-issue," the judicial hopeful said Thursday and questioned the timing of its release to the media. A copy of the lien ... Read more on this news related to 'Lien'

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