Encumbered Asset

A type of property that is owned by one individual or firm but can still be affected by another party and is subject to their legal claims.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser

Next Terms: Entrance Fee, Environmental Accounting, Environmental Liability, Equated Monthly Installments, Equipment Trust Certificate, Equitable Right to Setoff, Equity, Equity income, Equity Kicker, Equity Loan

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