encumbrance

(redirected from Encumberance)
Also found in: Dictionary, Thesaurus, Legal, Financial.

encumbrance

, incumbrance
Law a burden or charge upon property, such as a mortgage or lien

encumbrance

A restriction on the use of real property, or an obligation to make a payment which is secured by real property and which does not prevent its conveyance.
References in periodicals archive ?
The unemployment rate, which has remained stubbornly high at or near 10 percent since October 2003, is one of the main encumberances to economic expansion.