Meaning of “lien” in the English Dictionary


"lien" in Business English

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liennoun [ C ]

/ˈliːən/ uk us LAW

an official order that allows someone to keep the property of a person who owes them money until the money has been paid back:

This could occur where someone has a lien over the goods, i.e. a right to retain possession of them until a debt is paid.
State law allows the city to put a lien on the property to grab its money when it's sold.
a lien against sth Officials want to place a lien against half of the home to ensure payment.
The bank intends to hold a lien on the entire balance for the $400 due.
claim/exercise/have a lien

(Definition of “lien” from the Cambridge Business English Dictionary © Cambridge University Press)