tax lien
- A claim by the government on a person's property due to their unpaid taxes, which serves as a form of security for the owed amount
- The county placed a tax lien on the homeowner's property because they hadn't paid their property taxes for several years.
- Due to the tax lien, she was unable to sell her property until all her outstanding taxes were fully paid.
- Failure to pay business taxes may result in a tax lien, which could severely impact the company's ability to conduct financial transactions.
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