Tax Lien Definition

Tax Lien Meaning:

A tax lien is a lien that is imposed upon a property by law to secure the payment of taxes. Generally, tax liens are secured by real property or personal property. Liens may be imposed as a result of a failure to pay income taxes or it may be imposed as a result of a failure to pay other taxes such as property taxes.

Source: https://en.wikipedia.org/wiki/Tax_lien