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).
The Pound Sterling (currency: GBP) continued to struggle against the other major global currencies during early trading today. The Pound Euro exchange rate slipped to its lowest level for some time at 1.3530 GBP EUR during early trade, while the Pound US Dollar exchange rate settled back in the 1.5200s.