What is the definition of Alienation clause? | Dictionary.net

ALIENATION CLAUSE

\ˌe͡ɪli͡ənˈe͡ɪʃən klˈɔːz], \ˌe‍ɪli‍ənˈe‍ɪʃən klˈɔːz], \ˌeɪ_l_iə_n_ˈeɪ_ʃ_ə_n k_l_ˈɔː_z]\

Definitions of ALIENATION CLAUSE

1910 - Black's Law Dictionary (2nd edition)

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1. in insurance it is a rule that cancels insurance if the owner sells the property. 2.in a loan it is the rule stating the asset is owned once the loan is paid in full.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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