Exchange Currency

corporate lien

A claim attached to the assets of a company by a debt holder, or a tax authority for the purpose of collecting on an outstanding financial obligation. Holders of liens are usually given priority status over other creditors in the event the company liquidates assets in order to pay down its debts. Liens may also be packaged as a security and sold to investors as a way to finance the debt.

Related information about corporate lien:
  1. Corporate Lien Definition | Investopedia
    A claim made against a business for outstanding debt. The debt can be owed to another business, or could be in the form of tax obligations to the government.
     
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