Financial security for a debt Crossword Clue

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This time we bring you information about the crossword clue Financial security for a debt that was published at Universal crossword puzzle page.

Understanding Today's Crossword Puzzle

The clue "Financial security for a debt" leads us to the answer "LIEN" for the following reasons:

1. Legal Encumbrance: A lien is a legal right or interest that a creditor has in a debtor's property, typically lasting until a debt is satisfied. This concept aligns with the notion of providing financial security for a debt.
2. Property Attachment: In the context of debts, a lien often involves the attachment of the debtor's property as collateral to secure the repayment. This adds an additional layer of security for the creditor.
3. Priority Claim: Liens establish a priority claim for the creditor in case the debtor defaults on the debt. This prioritization ensures that the creditor has a secured interest in the debtor's assets.

Therefore, the answer "LIEN" fits the clue as it signifies the financial protection or assurance a creditor holds over a debt through legal means such as property attachments and prioritized claims.

Definition of "LIEN"

a right to keep possession of property belonging to another person until a debt owed by that person is discharged

Example :

they shall be entitled to a lien on any lot sold

make sure there are no liens against the car

they may assert a lien claim on your property

 The Crossword clue "Financial security for a debt" published 1 time/s & has 1 answer/s. 

Crossword	Date	Answer
Universal	20 September 2017	LIEN