Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• CONSENSUAL LIEN
  
  A security interest given to a creditor by a debtor. A consensual lien is granted by the consent of the parties and is the basis for most secured transactions. See judicial lien and statutory lien for alternative types of liens.
  
  Back