lienholder definition

  • noun:
    • Used in instances of name of property (such a car) to mention towards individual who features right of property, as opposed to the celebration that merely has right of control. The celebration that only has right of control is called a subscribed owner, as well as in the function the registered owner doesn't pay back the lien based on the agreed-to terms, the lienholder has the to invoke repossession for the home (vehicle).

Related Sources

  • Definition for "lienholder"
    • Used in instances of name of property (such…
    • View More
  • Sentence for "lienholder"
29 votes

How would you define lienholder?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!