What Does Statutory Lien Mean?

The term 'statutory lien' is used as a noun and is formed of two different words. As the word is formed of two different words the meaning that can be derived from the term can also has its relationship with the two words.
      
Statutory is a word that describes something that is fixed by law and any body who is not abiding by it is committing the offence of breaking the law. Lien is a word that defines the meaning of the right to keep the property that belongs to somebody and the property is kept until the debt the person has taken is paid.
     
So the term 'statutory lien' describes the idea of keeping somebody's property by law until he pays the debt he has taken.