Loss Payee/lien Holder,
What is The Definition of Loss Payee/lien Holder?
Loss Payee/lien Holder means, An individual or legal entity that has a legally insurable interest in the property of another person, usually a financial institution that has borrowed money to buy a car. Car loan guarantee. If the car is damaged in an accident, you and the insurers will be compensated.
Literal Meanings of Loss Payee/lien Holder
Loss:
Sentences of Loss
Avoid wasting time
Synonyms of Loss
mislaying, forgetting, dropping, overlooking, misplacement
Payee:
Meanings of Payee:
A person for whom money will be or will be paid, especially a person who has a check written on it.
Sentences of Payee
On the other hand, money is transferred between the company and the recipient of the check.
Synonyms of Payee
heiress, inheritor, legatee, heir
Lien:
Meanings of Lien:
The right to keep another person's property until that person's debt is paid off.
Sentences of Lien
With the right to mortgage on each sold
Holder:
Meanings of Holder:
A device or instrument for holding something.
Someone who has something.
Little boss
Sentences of Holder
The cable in the holder can be easily pulled.
Owner of two American hostages
Current owner Willie and compatriot David Charnley, two of the country's leading candidates, were quickly identified on Monday.
Synonyms of Holder
housing, case, proprietor, casing, bearer, receptacle, sheath, keeper, container, covering, possessor, owner, cover
Loss Payee/lien Holder,
Loss Payee/lien Holder means,
Loss Payee/lien Holder means, Individuals with legally insured interests in another person's property, usually a financial institution, are borrowing money to buy a car. Car loan guarantee. If the car is damaged in an accident, you and the insured will be compensated.
Literal Meanings of Loss Payee/lien Holder
Loss:
Synonyms of Loss
squandering, impoverishment, losing, depletion, erosion, dissipation, disappearance, waste, reduction, deprivation, forfeiture, privation, diminution
Payee:
Meanings of Payee:
The person who has the money or should be paid, especially the person to whom the money is paid by check.
Holder:
Sentences of Holder
I put the phone back in the cradle.
British passport holder
Synonyms of Holder
occupant, support, base, incumbent, rack, stand, custodian, rest