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Từ vựng:

consensual lien

Giải nghĩa:

/kənˈsɛnʃuəl liːn/ – Phrase


Definition: Quyền thế chấp được thực hiện dựa trên sự đồng ý của các bên liên quan.

A more thorough explanation: a legal claim placed, with the debtor’s permission, against the debtor’s property and held until the debt is paid

Example: A creditor that becomes secured by mutual agreement with another party has a consensual lien.