The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

LIFT Definition & Legal Meaning

Definition & Citations:

To raise; to take up. To “lift” a promissory note is to discharge its obligation by paying its amount or substituting another evidence of debt. To “lift the bar” of the statute of limitations, or of an estoppel. is to remove the obstruction which it interposes, by some sufficient act or acknowledgment

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.