TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
PRIVILEGE RANG INFERIEUR [2 records]
Record 1 - internal organization data 2015-09-17
Record 1, English
Record 1, Subject field(s)
- PAJLO
- Law of Security
Record 1, Main entry term, English
- junior lienee
1, record 1, English, junior%20lienee
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- junior lienholder 1, record 1, English, junior%20lienholder
correct, see observation
- junior lien holder 1, record 1, English, junior%20lien%20holder
correct, see observation
- junior lienor 1, record 1, English, junior%20lienor
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 OBS
Lienee means [in American English] "one whose property is subject to a lien," but in Australia it is synonymous with lienholder. The Australian usage mangles any sense left in the suffix –ee ... [A Dictionary of Modern Legal Usage, 1995, 2nd ed., p. 529.] 2, record 1, English, - junior%20lienee
Record 1, French
Record 1, Domaine(s)
- PAJLO
- Droit des sûretés
Record 1, Main entry term, French
- titulaire de privilège de rang inférieur
1, record 1, French, titulaire%20de%20privil%C3%A8ge%20de%20rang%20inf%C3%A9rieur
correct, masculine and feminine noun, standardized
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 OBS
titulaire de privilège de rang inférieur : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles(PAJLO). 2, record 1, French, - titulaire%20de%20privil%C3%A8ge%20de%20rang%20inf%C3%A9rieur
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 2015-09-17
Record 2, English
Record 2, Subject field(s)
- PAJLO
- Law of Security
Record 2, Main entry term, English
- junior lien
1, record 2, English, junior%20lien
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 CONT
When a senior lien forecloses, a junior lien is wiped out. So if the first mortgage holder forecloses, the second trust deed goes away. If the second forecloses, you'll still owe the first. Oftentimes, if a senior lien forecloses, the junior lien holder will send a representative to the auction to defend its interests by making sure the property goes for enough to pay the junior lien as well. 2, record 2, English, - junior%20lien
Record 2, French
Record 2, Domaine(s)
- PAJLO
- Droit des sûretés
Record 2, Main entry term, French
- privilège de rang inférieur
1, record 2, French, privil%C3%A8ge%20de%20rang%20inf%C3%A9rieur
correct, masculine noun, standardized
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record number: 2, Textual support number: 1 OBS
privilège de rang inférieur : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles(PAJLO). 2, record 2, French, - privil%C3%A8ge%20de%20rang%20inf%C3%A9rieur
Record 2, Spanish
Record 2, Textual support, Spanish
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