Economy, asked by dabodiya5965, 10 months ago

explain with example " unencumbered approved securities" ?

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Answered by Anonymous

10

Unencumbered refers to an asset or property that is free and clear of any encumbrances, such as creditor claims or liens. ... Examples of typical unencumbered assets are a house without an associated mortgage or other lien, a car on which the automobile loan has been paid off, or stocks purchased in a cash account.

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