General lien

General lien,

Definition of General lien:

  1. Tax lien or judgment lien that attaches to all personal and real property of a person or firm (the lienee). It covers not only the goods or property that gives rise to the debt, but all the goods or property of the lienee. In the US, a general lien applies only to personal property.

Meaning of General lien & General lien Definition