nonpossessory agricultural lien

nonpossessory agricultural lien
An interest other than a security interest in farm products that secures payment or performance of an obligation for goods or services furnished in connection with a debtor's farming operation. Arises primarily through the furnishing of goods and services or leased property that are connected with a debtor's farming operation. American Banker Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Lien — For other uses, see Lien (disambiguation). Property law …   Wikipedia

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