Broker’s Lien

Broker”s Lien

What does Broker”s Lien mean in American Law?

The definition of Broker”s Lien in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

A lien on property, proceeds of its sale, or anything else of value coming into the possession of a broker, to secure the payment of his remuneration earned, and expenses incurred on behalf of his client, in connection with a brokerage transaction.


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