Equitable Lien definitions

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equitable lien

equitable lien logo #21003(from the article `lien`) In addition to the common-law possessory liens, there are also equitable and statutory liens. Courts of equity will in certain situations recognize a ...
Found on http://www.britannica.com/eb/a-z/e/39

Equitable Lien

Equitable Lien logo #21213n. 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
Found on http://www.encyclo.co.uk/local/21213

Equitable Lien

Equitable Lien logo #22642A lien on property, imposed by a court to achieve a fair result. For example, if someone has embezzled money from a business, the business might sue an ask the court for an equitable lien on the embezzler's property. (See also: constructive trust)
Found on http://www.nolo.com/dictionary/equitable-lien-term.html
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