Encumbered

Business, Legal & Accounting Glossary

Definition: Encumbered


Encumbered

Quick Summary of Encumbered


Owned by one entity but subject to another’s valid claim.




Examples of Encumbered in a sentence


You may feel that you are encumbered by certain terms but will just have to continue on any way you can.

The stuff was owned, but it was encumbered, so it was subject to another person’s valid claim, which was interesting to me.

My wife tried to sell off her father’s old farm, but learned she could not because there was a mechanic’s lien that encumbered the entire property and had to be paid.


Related Phrases


tract index
clear title
partial reconveyance
encumbered security


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/encumbered/
Modern Language Association (MLA):
Encumbered. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/encumbered/.
Chicago Manual of Style (CMS):
Encumbered. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/encumbered/ (accessed: March 29, 2024).
American Psychological Association (APA):
Encumbered. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/encumbered/

Definition Sources


Definitions for Encumbered are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th October, 2021 | 0 Views.