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imported>Doug Williamson |
imported>Doug Williamson |
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| An encumbrance is a right over an asset, enjoyed by someone other than the owner of the asset.
| | 1. A commercial entity. |
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| Liens and mortgages are examples of encumbrances.
| | 2. In this context Enterprise Value is the same as Entity Value. |
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| Encumbrances prevent or restrict the owner's flexibility to use or dispose of the asset as freely as if it were unencumbered.
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| | | == See also == |
| For the purposes of bank liquidity liquidity regulation, an asset may be considered encumbered if:
| | * [[Entity]] |
| *It has been pledged; or
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| *It is subject to any arrangement to secure, collateralise or credit enhance any transaction from which it cannot be freely withdrawn.
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| ==See also== | |
| *[[Charge]] | |
| *[[Collateral]]
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| *[[Credit enhancement]]
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| *[[Lien]]
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| *[[Liquidity]]
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| *[[Mortgage]]
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| *[[Pledge]]
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| *[[Security]]
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| *[[Unencumbered]]
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| [[Category:Accounting,_tax_and_regulation]]
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Revision as of 10:51, 7 February 2015
1. A commercial entity.
2. In this context Enterprise Value is the same as Entity Value.
See also
