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Also available:
World English Dictionary
Dictionnaire Français
perfected first lien
per·fect·ed first lien
(
plural
per·fect·ed first liens
)
noun
Definition:
lien recorded with government institution:
a first lien that is recorded with a government institution so that the lender will be able to act on it if the borrower defaults
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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