Home > Term: Right of lien
Right of lien
Also: lien in rem. Restricted right to hold and retain property until a claim is satisfied. If the claim is not met, the creditor is entitled to realise the property securing the lien and to satisfy his claim out of the resulting proceeds.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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(London, United Kingdom)