HomeTermsCompareFinance General LienThe definition for General Lien:(1) A lien such as a tax lien or judgment lien which attaches to all property of the debtor rather than the lien of, for example, a trust deed, which attaches only to specific property. (2) The right of a creditor to hold personal property of a debtor for payment of a debt not associated with the property being held. Must be done under an agreement since against general precepts of law. Similar MatchesGeneral MembershipGeneral MembershipA partnership made up of general partners, without special (limited) partners. Click to compare definitions of General Lien Click to view definitions beginning ge |