When an asset is owned by one party subject to the legal claims of another party. One example is a homeowner that owns a home that is subject to (ENCUMBERED by) the claims of the mortgage holder.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). encumbered. Retrieved September 22, 2026, from http://smartdefine.org/encumbered/definitions/1152934 |
| Chicago | Barry Goldsmith. 2010. "encumbered" http://smartdefine.org/encumbered/definitions/1152934 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, encumbered, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/encumbered/definitions/1152934>. |
| MLA | Barry Goldsmith. "encumbered" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/encumbered/definitions/1152934> |