(Difference between pages)
imported>Doug Williamson |
|
| Line 1: |
Line 1: |
| An encumbrance is a right over an asset, enjoyed by someone other than the owner of the asset.
| | == Summary == |
| | | Importing files from local file repository |
| Liens and mortgages are examples of encumbrances.
| |
| | |
| Encumbrances prevent or restrict the owner's flexibility to use or dispose of the asset as freely as if it were unencumbered.
| |
| | |
| | |
| For the purposes of bank liquidity liquidity regulation, an asset may be considered encumbered if:
| |
| *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is subject to any arrangement to secure, collateralise or credit enhance any transaction from which it cannot be freely withdrawn.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]]
| |
| *[[Collateral]]
| |
| *[[Credit enhancement]]
| |
| *[[Lien]]
| |
| *[[Liquidity]]
| |
| *[[Mortgage]]
| |
| *[[Pledge]]
| |
| *[[Security]]
| |
| *[[Unencumbered]]
| |
| | |
| [[Category:Accounting,_tax_and_regulation]]
| |
Latest revision as of 09:28, 27 July 2023
Summary
Importing files from local file repository
