Collateral vs. Lien — What's the Difference?

Something pledged as security for repayment of a loan, to be forfeited in the event of a default

A lien ( or ) is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the lienee and the person who has the benefit of the lien is referred to as the lienor or lien holder.

A person having the same ancestor as another but through a different line.

A claim upon a part of another's property that arises because of an unpaid debt related to that property and that operates as an encumbrance on the property until the debt is satisfied.

Additional but subordinate; secondary

The right to hold another's property as security for a debt owed.

Descended from the same stock but by a different line

(obsolete) A tendon.

Situated side by side; parallel

(legal) A right to take possession of a debtor’s property as security until a debt or duty is discharged.

Situated or running side by side; parallel.

The spleen.

Coinciding in tendency or effect; concomitant or accompanying.

Alternative form of lain

Serving to support or corroborate

A legal claim; a charge upon real or personal property for the satisfaction of some debt or duty; a right in one to control or hold and retain the property of another until some claim of the former is paid or satisfied.

Of a secondary nature; subordinate

The right to take another's property if an obligation is not discharged

Of, relating to, or guaranteed by a security pledged against the performance of an obligation

A large dark-red oval organ on the left side of the body between the stomach and the diaphragm; produces cells involved in immune responses

Having an ancestor in common but descended from a different line.

Property acceptable as security for a loan or other obligation.

A collateral relative.

Parallel, along the same vein, side by side.

Corresponding; accompanying, concomitant.

Being aside from the main subject, target, or goal.

(genealogy) Of an indirect ancestral relationship, as opposed to lineal descendency.

(finance) Relating to a collateral in the sense of an obligation or security.

(finance) Expensive to the extent of being paid through a loan.

Coming or directed along the side.

Acting in an indirect way.

Having the phloem and xylem adjacent.

(finance) A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.

A collateral (not linear) family member.

(anatomy) A branch of a bodily part or system of organs.

(marketing) Printed materials or content of electronic media used to enhance sales of products (short form of collateral material).

(anatomy) A thinner blood vessel providing an alternate route to blood flow in case the main vessel becomes occluded.

(archaic) A contemporary or rival.

Coming from, being on, or directed toward, the side; as, collateral pressure.

Acting in an indirect way.

Related to, but not strictly a part of, the main thing or matter under consideration; hence, subordinate; not chief or principal; as, collateral interest; collateral issues.

Tending toward the same conclusion or result as something else; additional; as, collateral evidence.

Descending from the same stock or ancestor, but not in the same line or branch or one from the other; - opposed to lineal.

A collateral relative.

Collateral security; that which is pledged or deposited as collateral security.

A security pledged for the repayment of a loan

Descended from a common ancestor but through different lines;

Serving to support or corroborate;

Accompaniment to something else;

Situated or running side by side;