Lien is a legal claim against a property or asset, securing payment for a debt or obligation. In law, a lien can attach to real estate, vehicles, or other property, giving the holder a creditor right that may be enforced if the debtor defaults. The term also appears in broader contexts to indicate a right or interest that binds the property for the obligation.
Full pronunciation guide7 of 12 videos
0:57Appraisal
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0:58Collateral
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1:01Conveyance
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0:57Covenant
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1:05Due-Diligence
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0:57Escrow
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0:54Lien
How to Pronounce Lien
1:01Lienholder
How to Pronounce Lienholder
0:58Mortgagor
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1:02Occupancy
How to Pronounce Occupancy
