Unencumbered Balance

Unencumbered Balance

In government accounting, an amount appropriated for a project or department that has not been spent and has not been earmarked for a specific task.
References in periodicals archive ?
stakes, and "an unencumbered balance sheet, which should enable the company to re-finance near-term debt".
The newer entrants also came in with unencumbered balance sheets at a time of higher prices.
By being able to offer customers Aspen's unencumbered balance sheet and strong underwriting record, Aspen Re America is in a strong position to pursue the opportunities the U.
Only 75% of the unencumbered balance in the discretionary account is available for incentive payments; the remaining 25% must stay in the discretionary account to cover any encumbered or unanticipated program/division needs.
Sustained generation of operating margins at or above a break-even level, coupled with gradual growth in unencumbered balance sheet resources.
Delaware's premier credit standing centers on its considerable economic and financial resources, as well as institutionalized protections designed to ensure surplus operations, including the limit on appropriations to 98% of estimated revenue and unencumbered balance.
With acceptable refinancing, profitability is expected to be $5,900,000 and unencumbered balance sheet assets are today estimated to be in excess of $10,000,000.
The company's continued excellent performance is attributable to well-established underwriting and risk management controls, an unencumbered balance sheet, recruitment of select underwriting teams and selective acquisitions of admitted and non-admitted reinsurance companies in the United States.
AWAC continues to exhibit the benefits of an unencumbered balance sheet while also benefiting from associations with its sponsors.
These concerns are mitigated by IPCRe's unencumbered balance sheet supported by an investment portfolio with over $1.
Through the first three months of 2004, Endurance produced a combined ratio of 82%, while benefiting from higher market rates, light catastrophes and an unencumbered balance sheet.
E[acute accent]Through the first three months of 2004, Endurance produced a combined ratio of 82%, while benefiting from higher market rates, light catastrophes and an unencumbered balance sheet.