Lien vs Loan - What's the difference?
lien | loan |
(obsolete) A tendon.
(legal) A legal claim; a charge upon real or personal property for the satisfaction of some debt or duty.
* 2002 , , The Great Nation , Penguin 2003, p. 7:
(Bible, archaic)
(banking, finance) A sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
*
, title=The Mirror and the Lamp
, chapter=2 The contract and array of legal or ethical obligations surrounding a loan.
The permission to borrow any item.
To lend (something) to (someone).
* 2006: — (unidentified episode, but frequently heard from her as a verb)
As verbs the difference between lien and loan
is that lien is while loan is to lend (something) to (someone).As a noun loan is
(banking|finance) a sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest) or loan can be (scotland) a lonnen.lien
English
Noun
(en noun)- Bodin deemed the king of France's power as absolute in the sense that the ruler was ‘absolved’ by divine sanction from legally binding liens and restrictions.
Quotations
* (English Citations of "lien")Derived terms
* lienholderVerb
(head)- If no man have lien with thee, and if thou hast not gone aside to uncleanness, being under thy husband, be thou free from this water of bitterness that causeth the curse...
Anagrams
* ----loan
English
Etymology 1
From (etyl) lone, lane, from (etyl) . More at (l).Noun
(en noun)citation, passage=That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans . Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.}}
Hypernyms
* (something that a legal entity borrows) bailmentHyponyms
* (something that a legal entity borrows) mutuumDerived terms
* bridge loan * caveat loan * loan shark * low-doc loan * swing loanVerb
(en verb)- When you loan somebody something, they have the responsibility to safeguard it.