

unencumbered
Meanings
Related Words
mortgages noun
/ˈmɔːrɡɪdʒɪz/ /ˈmɔːrɡədʒɪz/
A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property, such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.
inherited verb
/ɪnˈhɛɹɪtɪd/
To take possession of as a right (especially in Biblical translations).
"Your descendants will inherit the earth."
responsibilities noun
/rɪˌspɒnsəˈbɪlətiz/ /rɪˌspɑːnsəˈbɪlətiz/
The state of being responsible, accountable, or answerable.
"Responsibility is a heavy burden."