ENCUMBRANCE Definition

Bookmark and Share

ENCUMBRANCE is a) a right or interest in land owned by someone other than the owner of the land itself; examples include easements, leases, mortgages, and restrictive covenants; or, b) in accounting, an encumbrance is an anticipated expenditure, or funds restricted for anticipated expenditures, such as for outstanding purchase orders.

Learn new Accounting Terms

STOCKHOLDERS EQUITY see SHAREHOLDERS EQUITY.

INDUSTRIAL REVENUE BOND (I.R.B.) is a bond issued by local government agencies in favor of corporations.

Suggest a Term

Enter Search Term

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