freight lien

freight lien
See carrier's lien.

Ballentine's law dictionary. . 1998.

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  • freight — A freight train. The load or cargo carried by a carrier by land or water. The charge or hire for a carrier s services in the transportation and delivery of property, 48 Am J1st Ship § 424; it is in such sense that the term appears in a marine… …   Ballentine's law dictionary

  • lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …   Law dictionary

  • Lien — A security interest in one or more assets that is granted to lenders in connection with secured debt financing. The New York Times Financial Glossary * * * lien li‧en [ˈliːən, liːn] noun [countable] LAW 1. a person s or organization s right to… …   Financial and business terms

  • lien — An interest or encumbrance held by a creditor in a debtor s real or personal property for the satisfaction of a debt. The lien may arise as a result of a consensual contract between the debtor and the creditor such as a security agreement or a… …   Financial and business terms

  • Maritime lien — Admiralty law History …   Wikipedia

  • carrier's lien — car·ri·er s lien see lien Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. carrier s lien …   Law dictionary

  • cargo lien — A lien on account of salvage, demurrage, general average, freight, or other maritime service or obligation. While the lien on cargo is frequently spoken of as a maritime lien, the prevailing view is that it has not such quality but is no… …   Ballentine's law dictionary

  • carrier's lien — The lien of a carrier upon the goods in a shipment for the charges of transportation and such storage charges as it may be entitled to collect. 13 Am J2d Car § 497. The lien of a carrier by water upon the cargo for freight and all lawful charges …   Ballentine's law dictionary

  • shipper's lien for loss — The lien which shippers have by the maritime law, upon the vessel employed in the transportation of their goods and merchandise from one port to another, reciprocal to the ship s lien for freight, as a security for the fulfilment of the contract… …   Ballentine's law dictionary

  • shipowner's lien — The lien a shipowner has on cargo being carried, if the freight charges are not paid …   Big dictionary of business and management

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