Lien
A legal right to retain possession of property until a debt or obligation connected with it has been satisfied.
Related terms
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Charge on property
A legal security interest registered against property, giving the creditor rights over the property if the secured obligation is not met.
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Legal charge
A form of security over property that gives a lender enforceable rights if the secured debt is not paid.
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Security interest
A legal right over an asset granted to secure payment or performance of an obligation.
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