lien

lien

a charge upon a specific property designed to secure payment of a debt or performance of an obligation (Glossary of Common Bankruptcy Terms)

A charge against or interest in property to secure payment of a debt or performance of an obligation. A lien prevents the sale of the encumbered item without the permission of, or payment to, the lien holder.

A mortgage on real property is a lien. An encumbrance on the title of an automobile is a lien.

also see claim; secured claim; avoidance of lien (Bernstein's Dictionary of Bankruptcy Terminology)

Security for the holder against a debtor's assets, usually arising by operation of law rather than express contract between the parties. (Dictionary of Canadian Bankruptcy Terms)

An interest in real or personal property which secures a debt; the lien may be voluntary, such as a mortgage in real property, or involuntary, such as a judgment lien or tax lien. (Bankruptcy in Brief)

Under Title 11 U.S.C. Section 101:

(37) The term "lien" means charge against or interest in property to secure payment of a debt or performance of an obligation.

United Glossary of Bankruptcy Terms 2012.

lien

A charge against or interest in property to secure payment of a debt. A lien prevents the sale of the encumbered item without the permission of, or payment to, the lien holder. A mortgage on real property is a lien. An encumbrance on the title of an automobile is a lien. also see Claim, Secured and Avoidance of Lien

US Bankruptcy 2012.