Encumbrances: Canada Debt .ca defines Encumbrances

Bankruptcy Term Encumbrances

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Canada Debt has the definition to the bankruptcy and debt term Encumbrances. Finding answers to terms such as Encumbrances can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Encumbrances in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Encumbrances' is used as follows:

Those charges or the security that attaches to any kind of property. For example, if there is a mortgage on a piece of property, then the property is said to be encumbered by that mortgage.