noun a legal claim or right on a property or asset that is used as security for the payment of a debt or obligation
In real estate, a lien is a legal claim on a property that allows the holder to take possession of the property if the owner fails to fulfill their financial obligations.
In law, a lien is a legal right or interest that a creditor has in another's property, lasting until a debt or duty that it secures is satisfied.
In construction, a mechanic's lien is a legal claim by a contractor or subcontractor on a property until they are paid for the work they have done.
In finance, a lien is a claim on a borrower's assets as security for a loan, which may be used to satisfy the debt if the borrower defaults.
In banking, a lien may be placed on a customer's account as collateral for a loan or to secure payment of a debt.
In the context of a writer, a lien may refer to a legal claim on a piece of property as collateral for a debt owed by the property owner.
In the context of a psychologist, a lien may refer to a legal claim on a patient's records or information as collateral for unpaid fees for services rendered.
In the context of a real estate agent, a lien may refer to a legal claim on a property as security for the payment of a debt or obligation, such as a mortgage or unpaid taxes.
In the context of a lawyer, a lien may refer to a legal right to keep possession of a client's property until the client has paid for legal services rendered.