Law terminology · MLC-0107
Law terms: L (5)
- lawsuitA legal action filed in a court in which one or more plaintiffs allege that a defendant’s (or defendants’)...
- lienA claim or charge on property to secure payment of a debt or performance of an obligation.
- Liquidated claimA creditor's claim for a fixed amount of money.
- liquidationThe sale of a debtor's property with the proceeds generally used for the benefit of creditors.
- litigationA case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
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