What is the meaning of consensual lien?

Showing "consensual lien" (corrected from "consensual lien and judicial lien") | add "consensual lien and judicial lien" definition

consensual lien is a security interest given to a creditor by a debtor. A consensual lien is granted by the consent of the parties and is the basis for most secured transactions. See: judicial lien and statutory lien for alternative types of liens.

Barry Goldsmith
5
 
|15 years ago|451 views|share |citing 
APABarry Goldsmith. (2010). consensual lien. Retrieved September 22, 2026, from http://smartdefine.org/consensual_lien/definitions/1150521
ChicagoBarry Goldsmith. 2010. "consensual lien" http://smartdefine.org/consensual_lien/definitions/1150521 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, consensual lien, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/consensual_lien/definitions/1150521>.
MLABarry Goldsmith. "consensual lien" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/consensual_lien/definitions/1150521>