prior lien

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noun

a lien having priority over others attached to the same property.

Nearby words

  1. printwheel,
  2. printworks,
  3. prinzmetal's angina,
  4. prion,
  5. prior,
  6. prior probability,
  7. prior restraint,
  8. prior, matthew,
  9. priorate,
  10. prioress

Also called first lien.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for first lien

  • "—these prior-lien bon's an' receiver's stiff-cuts mus' natchally come ahead of firs'-mortgage bon's—" continued Breede.

    Bunker Bean|Harry Leon Wilson