最終更新日:2022/12/07
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(law) Used in instances of title of property (such as a vehicle) to refer to the person who has right of property, as opposed to the party that merely has right of possession. The party that only has right of possession is referred to as a registered owner, and in the event the registered owner fails to pay off the lien according to the agreed-to terms, the lienholder has the right to invoke repossession of the property (vehicle).
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元となった辞書の項目
lienholder
noun
(law)
Used
in
instances
of
title
of
property
(such
as
a
vehicle)
to
refer
to
the
person
who
has
right
of
property,
as
opposed
to
the
party
that
merely
has
right
of
possession.
The
party
that
only
has
right
of
possession
is
referred
to
as
a
registered
owner,
and
in
the
event
the
registered
owner
fails
to
pay
off
the
lien
according
to
the
agreed-to
terms,
the
lienholder
has
the
right
to
invoke
repossession
of
the
property
(vehicle).
意味(1)
(law)
Used
in
instances
of
title
of
property
(such
as
a
vehicle)
to
refer
to
the
person
who
has
right
of
property,
as
opposed
to
the
party
that
merely
has
right
of
possession.
The
party
that
only
has
right
of
possession
is
referred
to
as
a
registered
owner,
and
in
the
event
the
registered
owner
fails
to
pay
off
the
lien
according
to
the
agreed-to
terms,
the
lienholder
has
the
right
to
invoke
repossession
of
the
property
(vehicle).