a lien having priority over others attached to the same property.
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Also called first lien.
Words nearby prior lien
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences 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