blanket lien

blanket lien
A lien that gives the lienholder the entitlement to take possession of any or all of the lienees real property to cover a delinquent loan.

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  • Blanket Lien — A lien that gives the right to seize, in the event of nonpayment, nearly all types of assets and collateral owned by a debtor in order to satisfy the debt. A blanket lien gives a creditor a legal interest in all of the debtor s assets. Blanket… …   Investment dictionary

  • blanket lien — An informal term meaning a lien on all of the debtor s current and subsequently acquired personal property assets. American Banker Glossary …   Financial and business terms

  • blanket lien — /ˌblæŋkɪt li:ən/ noun US a lien on a person’s property (including personal effects) …   Dictionary of banking and finance

  • Lien — For other uses, see Lien (disambiguation). Property law …   Wikipedia

  • Blanket mortgage — or Blanket policy Blanket policy . One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects a group or class of different… …   The Collaborative International Dictionary of English

  • Blanket policy — Blanket mortgage Blanket mortgage or Blanket policy Blanket policy . One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects… …   The Collaborative International Dictionary of English

  • Blanket policy — is a policy which behaves similarly to a variety of things. Based on Webster s Dictionary it covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a… …   Wikipedia

  • lien — Synonyms and related words: adjustment mortgage, antichresis, blanket mortgage, bottomry, bottomry bond, chattel mortgage, closed mortgage, common law lien, dead pledge, deed of trust, first mortgage, general lien, hypothec, hypothecation,… …   Moby Thesaurus

  • Blanket inventory lien — A secured loan that gives the lender a lien against all the borrower s inventories. The New York Times Financial Glossary …   Financial and business terms

  • blanket inventory lien — A secured loan that gives the lender a lien against all the borrower s inventories ( inventory). Bloomberg Financial Dictionary …   Financial and business terms

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