Define: Accountant’s Lien

UK Accounting Glossary

Definition: Accountant’s Lien

Quick Summary

What is the dictionary definition of Accountant’s Lien?

Dictionary Definition

This refers to the right to retain possession of goods or property that belongs to another person, until said person settles debts due to the possessor of the goods or property.

Full Definition

Accountant’s Lien FAQ's

What is meant by auditors Lien?

lien is a right of a person to retain possession of the owner’s property until the owner pays what he owes to the person in possession. A specific lien is a lien over property which may be retained only until payment of the specific debt due in respect to that property is paid.