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lienor

Pronunciation: /ˈlaɪənər/ noun · Chiefly US legal usage
Allowed in UK word games

What does lienor mean?

A lienor is a person or entity that holds a lien over someone else’s property. A lien is not ownership in the ordinary sense; it is a legal security interest that gives the holder the right to claim or, in some circumstances, sell the property if the debtor fails to fulfil an obligation. The term commonly appears in discussions of mortgages, deeds of trust, secured transactions, and property law. For example, a lender or bank may become a lienor after receiving property as security for a loan. Although “lienholder” is a more readily understood synonym, “lienor” remains an important formal term in legal documents and argument. The distinction between the lienor and the lien itself is fundamental: the former holds the enforceable claim, while the latter is the claim or interest that the lienor possesses.

noun

A lienor is a person or entity that holds a lien, meaning a legal claim against property as security for the performance of an obligation.

Senses
  1. A person or entity that holds a lien against property as security for an obligation.
Example

"The lienor may enforce the lien if the debtor fails to meet the outstanding obligation."

More examples

"The bank became the lienor after accepting the deed of trust as security for the loan."

"Counsel explained the rights of the lienor if the borrower defaulted."

Plural lienors

The plural is lienors, with a normal English plural suffix rather than the form lieners.

Example

"Several lienors registered their claims before the court hearing."

Did you know?

A lienor may not own the property, but can have a legally recognized claim against it.

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Where does lienor come from?

The word was formed in English by adding the agent-forming suffix “-or” to “lien.” “Lien” came through Old French from a Latin root associated with binding or securing property. Related Latinate English forms include “ligament” and “ligation,” which reflect that same tradition of binding.

How lienor is actually used

This is a specialized legal term, chiefly encountered in property, finance, and commercial law. It is uncommon in general speech.

Easily confused with lienor

lien

A lien is the legal claim or security interest itself, whereas a lienor is the person or entity that holds that claim.

What's another word for lienor?

Rhymes with lienor