LIEN — (Heb. שִׁעְבּוּד נְכָסִים, Shibud Nekhasim). The Concept Jewish law enables the creditor to exercise a lien over all the debtor s property, in addition to his remedies against the debtor personally. This lien automatically comes into existence on … Encyclopedia of Judaism
Second Lien Debt — Debts that are subordinate to the rights of other, more senior debts issued against the same collateral, or a portion of the same collateral. If a borrower defaults, second lien debts stand behind higher lien debts in terms of rights to collect… … Investment dictionary
perfected lien — USA In the context of bankruptcy, a lien satisfies the statutory requirements for obtaining priority over liens subject to the same requirements. State law generally governs these requirements. For example, certain lien types become perfected… … Law dictionary
ПРЕИМУЩЕСТВЕННОЕ ПРАВО УДЕРЖАНИЯ ЗА ДОЛГИ — UNDERLYING LIENПраво удержания имущества, данного в обеспечение, до уплаты предъявленных по нему требований (напр., по закладной), к рое является преимущественным или имеет приоритет по отношению к др. подобным правам. Первая закладная… … Энциклопедия банковского дела и финансов
garanzia sottostante — Eng. underlying lien Particolare privilegio di pagamento vantato dal creditore per un determinato diritto. Ad es. nel rimborso del capitale, le azioni privilegiate sono privilegiate nei confronti delle azioni ordinarie … Glossario di economia e finanza
Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… … Wikipedia
Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity … Wikipedia
Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… … Wikipedia
Asset-backed security — In finance, an asset backed security is a type of debt security that is based on pools of assets, or collateralized by the cash flows from a specified pool of underlying assets. Assets are pooled to make otherwise minor and uneconomical… … Wikipedia
Bond insurance — (also known as financial guaranty insurance ) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or… … Wikipedia