单词 | release of lien |
释义 | release of lienDefinition Agreement between a lender and a borrower under which the lender (lien holder) releases the mortgaged asset or property, although the debt obligation remains in force. Use 'release of lien' in a SentenceThey had a release of lien together, which meant they had an agreement and the lender would release the mortgaged assets. Luckily, my finance company agreed to give me a release of lien so I can sell the house more quickly. Starchild petitioned his bank for a release of lien on his ship, due to its absolute destruction via unregulated laser weapons. |
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