Owned by one entity but subject to another's valid claim.
Related information about encumbered:
- encumbered - The Free Dictionary
 tr.v. en·cum·bered, en·cum·ber·ing, en·cum·bers. 1. To put a heavy load on;   burden: a hiker who was encumbered with a heavy pack; a life that has always   been ...
 
- Encumbered - Financial Dictionary - The Free Dictionary
 A property owned by one party on which a second party reserves the right to   make a valid claim, e.g., a bank's holding of a home mortgage encumbers   property.
 
- Encumber - Merriam-Webster Online
 to impede or hamper the function or activity of : hinder <negotiations encumbered   by a lack of trust>. 3. : to burden with a legal claim (as a mortgage) <encumber ...
 
- What is encumbered expenditure open item? definition and meaning
 Definition of encumbered expenditure open item: A record found in an   accounting ... When the encumbered expenditure open item is placed in the   ledger, the ...
 
- encumbered - Dictionary Definition : Vocabulary.com
 Definition of encumbered : Encumbered means restricted or burdened. It's tricky   to take photographs outside in the winter when you're encumbered with thick ...
 
- Encumbered | Define Encumbered at Dictionary.com
 to impede or hinder; hamper; retard: Red tape encumbers all our attempts at   action. 2. to block up or fill with what is obstructive or superfluous: a mind ...
 
- Encumbered - Sentence Examples - YourDictionary
 How to use encumber in a sentence. Example sentences with the word   encumber. encumber example sentences.
 
- What is encumbered? definition and meaning
 Definition of encumbered: Owned by one entity but subject to another's valid   claim.