Lien (noun)

1. A legal claim on a property by a creditor as security for a debt.
2. A hold or claim on property as security for payment of a debt or satisfaction of a claim.

Origin:

Mid-15c., from old french lien "bond, tie," from latin ligamen (see ligament).

Examples:

1. The bank has a lien on the property.
2. The mechanic put a lien on the car because the owner didn't pay the repair bill.
3. The lien was released after the debt was paid.
4. The government can put a lien on a property for unpaid taxes.
5. The lienholder has the right to take possession of the property if the debt is not paid.