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| Definitions by InvestorWords.com |
| What is...? |
| lien A legal claim against an asset which is used to secure a loan and which must be paid when the property is sold. see also chattel mortgage, clear title, blanket lien, deed of release, discharge of lien, Federal tax lien, floating lien, general lien, judgment lien, no-lien affidavit, prior lien bond, tax lien, title search. |
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