carrier's lien — ➔ lien * * * carrier s lien UK US noun [C] ► TRANSPORT, LAW the right of a person or company that transports goods to keep those goods until the cost of transporting them has been paid … Financial and business terms
carrier's lien — The lien of a carrier upon the goods in a shipment for the charges of transportation and such storage charges as it may be entitled to collect. 13 Am J2d Car § 497. The lien of a carrier by water upon the cargo for freight and all lawful charges … Ballentine's law dictionary
carrier's lien — noun : a common law lien for freight conferring the right to retain the property only until the claim is paid … Useful english dictionary
lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… … Law dictionary
connecting carrier's lien — The lien of a connecting carrier on the goods in the shipment for its charges, including the charges of preceding carriers in the succession of carriers paid by it, such lien being for the amount due it under the legal and fixed rate,… … Ballentine's law dictionary
carrier — car·ri·er n 1: an individual or entity engaged in transporting passengers or goods for hire by land, water, or air; specif: common carrier 2: an insurer that assumes the risks of a policy that it issues to a policyholder Merriam Webster’s… … Law dictionary
common carrier's lien — A lien existing independently of contract on goods delivered to a common carrier for carriage, which attaches as soon as the carrier s liability as such begins, and continues until the freight charges, including storage charges, are paid. 13 Am… … Ballentine's law dictionary
Lien — A security interest in one or more assets that is granted to lenders in connection with secured debt financing. The New York Times Financial Glossary * * * lien li‧en [ˈliːən, liːn] noun [countable] LAW 1. a person s or organization s right to… … Financial and business terms
lien — An interest or encumbrance held by a creditor in a debtor s real or personal property for the satisfaction of a debt. The lien may arise as a result of a consensual contract between the debtor and the creditor such as a security agreement or a… … Financial and business terms
Lien — For other uses, see Lien (disambiguation). Property law … Wikipedia
