encumbrance


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.

Encumbrance

1. In accounting, an amount of money that one is required to spend on a stated thing in the future. For example, a portion of the proceeds of a sale may be encumbered to pay for the cost of goods sold.

2. In real estate, any claim of ownership that may cloud the legitimacy of a sale. See also: Bad title.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

encumbrance

1. A liability on real property. For example, a mortgage encumbers title to real estate because the lender has an interest in the property. Compare unencumbered.
2. A commitment within an organization to use funds for a specific purpose. Thus, a college may encumber funds for later payment to cover expenses associated with a faculty member's trip to recruit new professors.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
Mentioned in ?
References in periodicals archive ?
The gravamen of the crime is the disposition of legally encumbered real property by the offender under the express representation that there is no encumbrance thereon.
Hoodwinked
Fitch expects the volume of problem assets will continue to decline at a reasonable pace in the medium-term saying this will be positive for BoC`s credit risk profile and key to reducing the bank`s very high capital encumbrance from unreserved problem assets.
FINANCE: Fitch upgrades Hellenic Bank after Co-op deal, affirms Bank of Cyprus
Any restriction regarding acquisitions, encumbrances, conveyances, transfers or dispositions imposed on agricultural free patents issued under Section 44 of Commonwealth Act 141, as amended, before the effectivity of RA 11231 are lifted.
Government eases restrictions on agricultural free patents
com, says, " For this, check encumbrance certificate for, at least, 30 years.
Want To Buy A Plot?
The PRA's approach is permitted under the European Banking Authority's guidelines for encumbrance disclosure which specifically envisages an exemption for liquidity assistance provided by central banks via collateral swaps.
BOE WAIVES BANKS' EMERGENCY LIQUIDITY DISCLOSURE
Colley says she has been struck by how many Scots feel 'colonised' by the English and/or by London and that independence campaigners use it as a way of arguing Britishness is no longer a useful vehicle and it's actually an encumbrance and an oppression.
Book review
More and more areas and buildings in the city centre are unceremoniously gobbled up for student use at the exclusion of permanent citizens who have to pay for the encumbrance of the city becoming the university campus.
Student monopoly
for been watching drug culture decades to earned the of drug deaths I think it would then become as normal as it wearing a collar and not be any encumbrance at all.
Muzzle all dogs; You Say Email:letters@liverpoolecho.co.uk y
MAY I give my opinion of my lack of surprise at the broken manifesto promises of the Tory party threatening to take away the winter fuel payment, OAP bus passes and treating the disabled and OAP like an encumbrance and nuisance on society.
Promises have been broken; FEEDBACK
said that Armavia cannot return the jet as it is under encumbrance by one of the Armenian banks.
Armavia declares it has no debt to Sukhoi Civil Aircraft
The encumbrance of a Father Christmas outfit did not prevent Liverpool's Adam Peers from smashing the record for the Jubilee Plunge from the summit of Moel Famau to Llangynhafal.
Parry is women's winner in Chester
That would reduce the portion of Ford Credit's assets used as ABS collateral--its asset encumbrance ratio--which is a key factor for rating agencies, thus bolstering its chances for an upgrade.
FUEL notes power upgrade effort: ford motor

Financial browser ?
Full browser ?