Glossary entry

English term or phrase:

junior lien

Arabic translation:

حق حجز من الدرجة الثانية على ملك

Added to glossary by Wa'ad Younane
Mar 21, 2011 14:22
13 yrs ago
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English term

junior lien

English to Arabic Bus/Financial Finance (general) bankruptcy
the court may authorise the debtor to obtain secured or unsecured credit which is secured by a junior lien on property of the debtor that is subject to any existing lien.

Proposed translations

+1
10 mins
Selected

حق حجز من الدرجة الثانية على ملك

Source: Arabic Business Dictionary, by Morry Sofer & Adnane Ettayebi

Junior Lien: a legal claim upon real property recorded subsequent to (after) another claim or legal obligation (for example, a senior lien would have priority in most cases).
Peer comment(s):

agree Heba Salah : حق الحجز من الدرجة الثانية على ملكية عقارية
8 hrs
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4 KudoZ points awarded for this answer. Comment: "thank you"
5 mins

حق ثانوي / تالي في الحجز

junior lien = حق ثانوي في الحجز : حق يتبع أو يلي حقا أخر، من حيث الدرجة والأهمية
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