Super Finance Glossary
Over 10,000 financial glossary terms...
Unencumbered
Unencumbered
Definition: Property that is not subject to any claims by creditors. For example, securities bought with cash instead of on margin and homes with mortgages paid off.
Definition: Property that is not subject to any claims by creditors. For example, securities bought with cash instead of on margin and homes with mortgages paid off.