banker's lien
banker's lien noun: the right of a bank to satisfy a customer's matured debt by seizing the customer's money or property within the bank's possession.
Noun
banker's lien (plural banker's liens)
- The right of a bank to satisfy a customer's matured debt by seizing the customer's money or property within the bank's possession.
- As a banker's lien may arise in consequence of the customer's instruction to a bank to open credits without the need to prove an unequivocal act of deposition or intent to deposit the documents, a banker's lien is likely to arise where the bank is financing the transaction under a documentary...2003, Emmanuel T. Laryea, chapter 3, in Paperless Trade: Opportunities, Challenges and Solutions, →ISBN, page 177
Forms of banker's lien
| plural | banker's liens |
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Questions about banker's lien
- What does banker's lien mean?
- Banker's lien means the right of a bank to satisfy a customer's matured debt by seizing the customer's money or property within the bank's possession.
- What part of speech is banker's lien?
- Banker's lien is a noun.
- What is the plural of banker's lien?
- The plural of banker's lien is banker's liens.
Words near banker's lien in the dictionary
Source and license
Adapted from Wiktionary: banker's lien (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “banker's lien.” Word.ws, https://word.ws/banker%27s_lien. Based on Wiktionary, CC BY-SA 4.0.
