Specific Lien

Lien: A Charge Against Property for Debt Security
A comprehensive guide to understanding liens, including their types, special considerations, and applicability in securing debts.
Specific Lien: Charge Against a Certain Piece of Property
A specific lien is a legal claim against a particular piece of property making it a security for the payment of a debt, typically arising from unpaid taxes, mortgages, or legal judgments.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.