Equitable liens are used when the defendant has either wrongfully acquired someone else's property, or has made improvements to a piece of property using funds he obtained unfairly. When this happens, the defendant owes a debt to the plaintiff. The equitable lien uses the property to secure the debt.
The pound sterling (symbol: Â£; ISO code: GBP [Great Britain Pound]), commonly known as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p).
Penny sterling. (Redirected from GBX) The penny sterling (symbol: p; plural: pence) is a subdivision of pound sterling, the currency for the United Kingdom. It is currently 1â100 of a pound, but historically was 1â240 of a pound (old penny sterling). Its name is carried by the present British penny.