Encumbrance and Federal: Difference between pages

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An encumbrance is a right over an asset, enjoyed by someone other than the owner of the asset.
1.  ''Constitutional law''.


Encumbrances prevent or restrict the owner's flexibility to use or dispose of the asset as freely as if it were ''unencumbered''.
Relating to a country - for example the United States of America - formed as a federation.


The members of the federation, for example the individual states in the United States, have substantial independence in their internal affairs.


'''Liens''' and '''mortgages''' are examples of encumbrances.


2.  ''Central government''.


For the purposes of bank liquidity liquidity regulation, an asset may be considered encumbered if:
In a federal system, relating to the central government.
*It has been pledged; or
*It is subject to any arrangement to secure, collateralise or credit enhance any transaction from which it cannot be freely withdrawn.




==See also==
 
*[[Charge]]
== See also ==
*[[Collateral]]
* [[Federal Corporate Income Tax]]
*[[Credit enhancement]]
* [[Federal Home Loan Mortgage Corporation]] (FHLMC)
*[[Lien]]
* [[Federal National Mortgage Association]] (FNMA)
*[[Liquidity]]
* [[Federal Open Market Committee]]
*[[Mortgage]]
* [[Federal Reserve]]
*[[Pledge]]
* [[Federal Reserve Bank]]
*[[Security]]
* [[Federal Reserve System]]
*[[Unencumbered]]
* [[Federal Trade Commission]]
* [[Internal Revenue Code]] (IRC)


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Latest revision as of 01:34, 1 June 2023

1. Constitutional law.

Relating to a country - for example the United States of America - formed as a federation.

The members of the federation, for example the individual states in the United States, have substantial independence in their internal affairs.


2. Central government.

In a federal system, relating to the central government.


See also