Business Dictionary

General lien
An attachment that gives the lender the right to seize the personal property of a borrower who has not fulfilled the obligations of the loan, but prevents the lender from seizing real property.
Related Articles
• How to Start a Virtual Assistant Business
Entrepreneur.com - Lyn Toomey, a veteran virtual assistant and founder of Virtual Market Support, leverages her 27-year career in marketing, operations and virtual assistance to support small and ...
• Pumping Your Visitors for Information
Inc.com - What to Ask Your Users Regardless of your site, there are two types of information you will need at first. The first type can be captured from your log files (informational files ...
• Five Ways to Save Money on Office Space
Inc.com - Ray Ortega understands why businesses need good space. He just doesn't understand why so many of them insist on paying for it. "People get involved in these long-term ...
• Are You Ready to Get Funded?
Inc.com - Gone are the days of getting funding just because you have a bright idea. Investors are looking past the " concept company" and looking for start-ups with solid products ...
• The Bulletproof Business Plan
Inc.com - The Inc M.B.A. It's straight-shooter time in the search for investors. No fluff. No dodges. In January 2000, when Patricia Adams started looking for outside funding, she put ...