unencumberable

comparative more unencumberable · superlative most unencumberable

1. Capable of being unencumbered.
2. Incapable of being encumbered.

   The USDA's rationale for the rule making PIK certificates unencumberable is to preserve the transferability of the certificates.

   1987, The Association, American Bar Association Section of Corporation - Banking and Business Law - Section of General Practice - Section of Real Property - Probate and Trust Law - and the Division for Professional Education in Cooperation with the Illinois Farm Legal Assistance Foundation Present Second Annual Agricultural Finance: How Lawyers Can Help Lenders and Borrowers, The Minnesota University Press, page 243

   2 more examples

   A final prediction is that the secured-credit ratio varies directly with the portion of the firm's unencumberable value, such as value from firm-specific managerial skill, that is debt financed.

   1993, Various Scripturients, The journal of legal studies - Volume 22, The California University Press, page 97

   The Surveyor assuages his anxiety about self-loss, that is, with the notion that there exists an inviolable margin of free selfhood, an unencumberable form of property in the self, immune from the effects of living in the customhouse of culture.

   2014, Richard H. Millington, Practicing Romance: Narrative Form and Cultural Engagement in Hawthorne's Fiction, The Princeton University Press, page 63