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encumbrance
The definition of an encumbrance is a burden or hindrance, or a claim attached to a piece of property or other asset by a lender until the loan is paid in full.
(noun)- An obstacle that prevents you from accomplishing a desired aim is an example of an encumbrance.
- A mortgage that is attached to your house is an example of an encumbrance on the property.
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See encumbrance in Webster's New World College Dictionary
noun
- something that encumbers; hindrance; obstruction; burden
- Rare a dependent, esp. a child
- Law a lien, charge, or claim attached to real property, as a mortgage
Origin: ME & OFr encombraunce
See encumbrance in American Heritage Dictionary 4
noun
- One that encumbers; a burden or impediment.
- Law A lien or claim on property.
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