| 单词 | first lien |
| 释义 | first lien noun[CorU] ukus(alsopriority lien)LAW,FINANCE therightof apersonorfinancialorganizationto be the first to take theassetsof someone whoowesthemmoneyif thedebtis notpaid: first lien on sthThebankwillholda firstlienon thecompanyproperty. They are thefirstlienholders. first-liendebt/mortgage Thehomeremainsunfinished, and they havefileda firstlienagainst thebuilderstorecoverthe $67,000 they put down when theysignedtheagreement. Examplesoffirst lienfirst lien Senior debt is often secured by collateral on which the lender has put in place afirstlien. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.The bank alleged that subsequent payments due also remained unpaid and the outstanding principal due under thefirstliencredit agreement was $137.2 million. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Most lenders fund in thefirstlienposition, meaning that in the event of a default, they are the first creditor to receive remuneration. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Landlords maintain thefirstlienin these states. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Tranches with afirstlienon the assets of the asset pool are referred to as "senior tranches" and are generally safer investments. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Firstliencreditors got about 75 cents on the dollar. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.The terms is particularly applied to the action of a third mortgagee who, by buying thefirstlienand uniting it to his own, gets priority over the second mortgagee. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Under this method, thefirstlienoffered for sale will be offered to the investor holding bidder number one, who has the right of first refusal. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Thefirstlienholder has the option to request a settlement for less with the second lien holder to release the 2nd mortgage from the title. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Occasionally, a lender will subordinate to anotherfirstlienposition loan; this loan is known as a mezzanine loan, a second lien or a junior lien. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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