equitable lien
equitable lien
n. a lien on property imposed by a court in order to achieve fairness, particularly when someone has possession of property which he/she holds for another. (See: equity, constructive trust, lien)
| 单词 | equitable lien |
| 释义 | equitable lienequitable lienn. a lien on property imposed by a court in order to achieve fairness, particularly when someone has possession of property which he/she holds for another. (See: equity, constructive trust, lien) equitable lienequitable lienA lien or charge on property arising because of some technical defect in a legal instrument such as a mortgage or because a court determines that the lien is only fair and just under the circumstances after considering all the facts. |
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