Pronunciation: [lˈiːən] (IPA) 
The word "lien" is spelled with four letters, but the pronunciation is a bit tricky. It is pronounced as /liən/ (LEE-uhn), with the stress on the first syllable. The "ie" in the spelling represents the sound /i/ (EE), while the "e" at the end of the word is silent. In legal terms, a lien refers to a legal claim or hold on property, while in general usage it may also refer to a hindrance or obstacle.
A lien refers to a legal claim or right that an individual or entity holds over someone else's property as security for a debt owed to them. It serves as a form of protection for the creditor and ensures that they have a legal interest in the property until the debt is satisfied. The lien holder typically has the right to take possession of or sell the property if the debtor fails to repay the debt.
There are different types of liens that can be applied to various assets, such as real estate, vehicles, or personal property. For instance, a mortgage lien is a common type of lien that is placed on a property by a lender when providing a mortgage loan. This grants the lender the right to foreclose and sell the property if the borrower fails to make the required mortgage payments.
Liens are typically established through a legally binding contract such as a loan agreement or by operation of law. They are recorded at the appropriate government office, such as the county clerk's office for real estate liens, to provide public notice of the lien's existence. This ensures that potential buyers or lenders are aware of the encumbrance on the property.
In summary, a lien is a legal claim or right held over someone else's property to secure a debt owed to a creditor. It allows the creditor to take possession of or sell the property if the debt is not repaid.
An obligation, tie, or claim annexed to, or attaching upon, any property, without satisfying which such property cannot be demanded by its owner.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word lien derives from the Old French term li, meaning tie or bond. It entered Middle English around the 14th century with the same meaning, referring to a legal claim or hold over property as security for a debt or obligation. The term ultimately has its roots in the Latin word ligare, meaning to bind.
