ENCUMBERED Definition

Bookmark and Share

ENCUMBERED is when an asset is owned by one party subject to the legal claims of another party. One example is a homeowner that owns a home that is subject to (encumbered by) the claims of the mortgage holder.

Learn new Accounting Terms

AVAILABLE FOR SALE is a term that means exactly what is says, i.e. an asset is available for purchase and transfer of ownership upon reaching an agreed upon price.

CAPITAL REDUCTION means reducing a companys stated capital base.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.