Encumbered

From ACT Wiki
Revision as of 20:06, 30 June 2022 by imported>Doug Williamson (Classify page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

An asset is said to be 'encumbered' when it is subject to a right - known as an encumbrance - enjoyed by someone other than the owner of the asset.


See also