lienholder
1
8.2
- noun
- /ˈliːnˌhoʊldər/
- Specialized
:
acreedor
- The lienholder has the right to repossess the car if the loan is not repaid.
- a junior lienholder
Examples
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Under real property law, priority (first in time, first in right) determines the order in which lienholders are permitted to satisfy their liens from a security interest held in real property.
Blog text (23) -
Lienholders are glutted with delinquent files.
Blog text (32) -
If you do not meet the minimum insurance requirements set by your lienholder, Balboa Insurance places a force-placed insurance policy on your loan.
Blog text (5) -
It may be impossible to get second lienholders to go along with the program (which would explain why "there is no list").
Blog text (22) -
Heck, by the time they're satisfied that lienholders have been satisfied, it could be September before the family gets their money.
Blog text (5) -
Probably lienholders.
Blog text (5) -
What this means is that when you sign your name on the dotted line for your loan, the lienholder has certain insurance requirements that must be met for the life of the lien.
Blog text (5) -
Under a race-notice recording statute, a lienholder who records his lien first without knowledge of a prior unrecorded instrument has priority over the prior unrecorded lien or instrument.
Blog text (23) -
Before selling my house, I needed to check with the lienholder to ensure all debts were cleared.
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As a lienholder, the bank must approve any changes to the property's ownership.
Synonyms
3
4.4
A bank or company that legally owns a home loan and gets the payments
Surface Forms
Morphology
Etymology
The word lienholder comes from the old French word lien, which means 'bond' or 'tie', and the English word holder, meaning someone who keeps something. So a lienholder is someone who has a legal 'hold' on property until a debt is paid.