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Term of the Day
BusinessDictionary.com
unencumbered
Definition
Asset
or
property
that is
free
from
debt
, and clear of any
legal
defect
in its
title
and, therefore, can be easily sold or mortgaged.
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Nearby Terms
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unemployment insurance fund
unemployment rate
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unencumbered
unencumbered property
unenforceable contract
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unexpended balance
unexpired risk reserve
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Mentioned in these terms
unencumbered property
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