A right to keep possession of property belonging to another person until a debt owed by that person is discharged.

A lien is the legal right to sell the collateral of a debtor by a creditor in the case of a failure to comply with the loan contract.

Creditor's conditional right of ownership (called security interest) against a debtor's asset or property that bars its sale or transfer without paying off the creditor.

A legal claim against an asset which is used to secure a loan and which must be paid when the property is sold.