Lien Meaning In English

Lien translation, meaning, definition, explanation and examples of relevant words and pictures - you can read here.

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Meaning

The amount in your account that has been frozen or locked and is not accessible for a set period of time is known as a lien amount.

Example

The bank administrators often prohibit using that amount. It continues to be in your account, but you cannot withdraw the money or move it to another account. The amount of the lien will be frozen until the bank management decides to unlock your account.

Sentence

The locked amount has no set upper limit because bank officials are fully authorized to set restrictions on the entire bank balance and turn it to a lien amount.