statutory lien

  

Definition

Involuntary lien created by the operation of law. Statutory liens (such as a tax lien) do not require the consent of any party or a court order to be enforceable.

Related Videos




http://www.businessdictionary.com/definition/statutory-lien.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z