先取特権
also: さきどりとっけん
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Meanings
1
statutory lien; preferential right; prior claim
Legal term for a right to receive payment from specific assets before other creditors. Used in contexts such as civil law, bankruptcy, and secured transactions.
A statutory lien is a right, provided by law, to receive payment from the debtor's property in preference to other creditors for certain claims.
A statutory lien on real estate may not be asserted against third parties unless it is registered.