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Meaning of blanket lien | Babel Free

Noun CEFR B2

Definitions

A lien that gives the lienholder the entitlement to take possession of any or all of the lienee's real property to cover a delinquent loan.

Examples

“A release schedule determines how much of the loan must be paid off in order to have a lot released from the blanket lien.”

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

blanket loan blanket octopus blanket order blanket party blanket sheet blanket statement