| 词汇 | first-lien |
| 释义 | first lien noun[ C or U ] ukus(alsopriority lien) LAW, FINANCE the right of a person or financial organization to be the first to take the assets of someone who owes them money if the debt is not paid: first lien on sthThe bank will hold a first lien on the company property. They are the first lien holders. first-lien debt/mortgage The home remains unfinished, and they have filed a first lien against the builders to recover the $67,000 they put down when they signed the agreement. Examples of first lienfirst lien Senior debt is often secured by collateral on which the lender has put in place a firstlien. 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 the firstlien credit 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 the firstlien position, 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 the firstlien in these states. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Tranches with a firstlien on 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. Firstlien creditors 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 the firstlien and 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, the firstlien offered 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. The firstlien holder 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 another firstlien position 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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