LIENHOLDER

Etymology

Noun

lienholder (plural lienholders)

(legal) Used in instances of title of property (such as a vehicle) to refer to the person who has right of property, as opposed to the party that merely has right of possession. The party that only has right of possession is referred to as a registered owner, and in the event the registered owner fails to pay off the lien according to the agreed-to terms, the lienholder has the right to invoke repossession of the property (vehicle).

Source: Wiktionary



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Word of the Day

3 May 2025

DESIRABLE

(adjective) worth having or seeking or achieving; “a desirable job”; “computer with many desirable features”; “a desirable outcome”


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Coffee Trivia

As of 2019, Starbucks opens a new store every 15 hours in China. The coffee chain has grown by 700% over the past decade.

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