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lienholder

n. (context legal English) (non-gloss definition: Used in instances of title of property (such as a vehicle) to refer to the person who has ''right of property'', as opposed to the party that merely has ''right of possession''. The party that only has right of possession is referred to as a registered owner, and in the event the registered owner fails to pay off the lien according to the agreed-to terms, the '''lienholder''' has the right to invoke repossession of the property (vehicle).)

Wikipedia
Lienholder

Usage examples of "lienholder".

A right of redemption allowed by State law upon foreclosure of a mortgage was unavailing to defeat a plan for reorganization of a debt or corporation where the trial court found that the claims of junior lienholders had no value.