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 OrderGeneral Order
A penalty imposed on imported goods that are not promptly cleared through customs.
General partnerGeneral partner
A participant who has unlimited liability for the obligations of a partnership.
Generalized System of PreferencesGeneralized System of Preferences
Tariff preferences for developing countries, by which developed countries let certain manufactured and semi-manufactured imports from developing countries enter at lower tariffs than the same products from developed countries.
Computable general equilibriumComputable general equilibrium
Refers to economic models of microeconomic behavior in multiple markets of one or more economies, solved computationally for equilibrium values or changes due to specified policies. The equations are anchored with data from the countries being modeled, while behavioral parameters are either assumed or adapted from estimates elsewhere.
General Agreement on Tariffs and TradeGeneral Agreement on Tariffs and Trade
A trade agreement between a large number of countries, dating back to 1948, which was set up to improve trading world wide and to work towards the reduction of tariff barriers.
Further Suggestionsextraordinary general meeting
General Mortgage Bond
Generally Accepted Accounting Principles (GAAP)
general personal equity plan
General Average Contribution
annual general meeting
General Agreement on Tariffs and Trade
General Agreement on Trade in Services
general obligation bond
General cash offer
General Agreement on Tariffs and Trade (GATT)