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General lien |
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General Lien(1) A lien such as a tax lien or judgment lien which attaches to all property of the debtor rather than the lien of, for example, a trust deed, which attaches only to specific property. (2) The right of a creditor to hold personal property of a debtor for payment of a debt not associated with the property being held. Must be done under an agreement since against general precepts of law.General lienThe legal right for a creditor to seize the assets of a debtor to satisfy an outstanding debt.General lienAn attachment that gives the lender the right to seize the personal property of a borrower who has not fulfilled the obligations of the loan, but prevents the lender from seizing real property.General lien Similar MatchesGeneral personal equity planGeneral personal equity planSee 'personal equity plan'. General partnerGeneral partnerA participant who has unlimited liability for the obligations of a partnership. General partnershipGeneral partnershipA partnership in which all participants are general partners. General MembershipGeneral MembershipA partnership made up of general partners, without special (limited) partners. General revenueGeneral revenueThe sum of taxes, charges, and miscellaneous income taken in at the state and local level while neglecting overlapping revenue which may be erroneously counted twice. Further SuggestionsComputable general equilibriumextraordinary general meeting General Agreement on Tariffs and Trade General ledger general obligation bond General Mortgage Bond Director General General Agreement on Tariffs and Trade Generally Accepted Accounting Principles (GAAP) General cash offer General Average annual general meeting General Average Contribution General Agreement on Tariffs and Trade (GATT) General Order Generalized System of Preferences General equilibrium General Agreement on Trade in Services |
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