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).

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  • Sentence for "lienholder"
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