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Finance Dictionary and Glossary of Investment Terms
general lien
Definition 1.
A lien applied to all goods, not just the goods giving rise to the debt, owned by the lienee, but excluding land, or real property.
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Definition 2.
An 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.
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