unencumbered financial definition
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What does 'Unencumbered' mean Unencumbered refers to an asset or property that is free and clear of any encumbrances, such as creditor claims or liens. An unencumbered asset is much easier to sell or transfer than one with an encumbrance. Examples of typical unencumbered assets are a house without any mortgage or other lien on it, a car where the automobile loan has been paid off or stocks purchased in a cash account, rather than a margin account.
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Why Invest In Unconstrained Bond Funds? Unconstrained funds have the ability to limit interest rate risk while adding alpha through diversification and access to a broad opportunity set. They can also eliminate interest rate risk by maintaining shorter durations than core bond funds – an advantage if rates start to rise.
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- Definition of Unencumbered Balance in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Unencumbered Balance? Meaning of Unencumbered Balance as a finance term.
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- 1 38 states collect local sales taxes. 2  The five states with the highest average combined state-local sales tax rates are Tennessee (9.45 percent), Arkansas (9.19 percent), Louisiana (8.89 percent), Washington (8.88 percent), and Oklahoma (8.72 percent).
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Adjusting Entries in Accounting 1 Unearned revenues (or deferred revenues) are revenues received in cash and recorded as liabilities prior to being earned.  Accrued expenses (also called accrued liabilities) are expenses already incurred but not yet paid or recorded.
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unbilled (ʌnˈbɪld) adj. 1. (Theatre) (of an actor or an actor's performance) not having been billed or advertised; unannounced. 2. (Commerce) not having been billed or charged for. 3. (Military) military not having been billed or entered on a list; not enrolled (as a soldier)
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defeasance A provision in a loan or bond removing it as a liability on a balance sheet if cash or a portfolio is set aside for debt service. Usually defeasance occurs when a borrower owns a portfolio of Treasury securities, the coupons of which are used to service a debt. When the borrower has set aside sufficient assets to cover the debt, the debt does not need to be recorded on a balance sheet.
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Unearned (Deferred) Revenue, Deferred PaymentDefinition, Meaning Explained, Example Transactions Unearned (Deferred) Revenue, Deferred Payment. Definition, Meaning Explained, Example Transactions. Airline tickets paid for before the flight represent unearned revenues for the airline until the flight occurs. Upon ticket purchase, airline accountants credit an unearned revenue account. They debit this account when the flight occurs.
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- Unearned revenue normally appears in books of newspaper publishers, entertainment companies, telecommunication operators etc. because the nature of their business is such that cash is received before services are provided. Example. Voice is a VoIP company which provides innovative voice calling solutions.
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Unsubsidized Student Loans Unsubsidized Student Loans. Unsubsidized Student Loans are federally guaranteed loans that are available for students who desire to pursue education, but lack the financial resources to do so. These loans are not based on financial need. Interest on the unsubsidized student loans starts to accrue as soon as the loan is disbursed to the school.
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Deferred financing cost Deferred financing cost. From Wikipedia, the free encyclopedia. Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on.Since these payments generate future benefits, they are treated as an asset.eferred financing cost. From Wikipedia, the free encyclopedia. Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on.
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Deferred income From Wikipedia, the free encyclopedia. Deferred income (also known as deferred revenue, unearned revenue, or unearned income) is, in accrual accounting, money received for goods or services which have not yet been delivered. typical example is an annual maintenance contract where the entire contract is invoiced up front. “I received $12,000 for an annual maintenance contract, but need to recognize it as deferred income, and then recognize $1,000 each month as the service is rendered.”.
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- unsubsidized loan. A loan in which interest is applied as soon as money is dispersed to a borrower. With an unsubsidized loan, the borrower will be charged interest on top of interest that has already accrued on the account.
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What is unearned (deferred) revenue? April 11, 2010. Unearned revenue is the collection of cash before a good or service is provided to a client. In some instances, clients may prepay for a good or service to receive a sales discount or to meet the terms of a contractual obligation.
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DEFINITION of 'Unsatisfied Judgment Fund' BREAKING DOWN 'Unsatisfied Judgment Fund'. The unsatisfied judgment fund is intended to protect drivers from financial losses resulting from motor vehicle accidents for which they are not responsible. The responsible party may be unable to pay because he or she is insolvent or uninsured.
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The biggest mistake investors are making right now Allow us to introduce you to the Wonderful World of Unconstrained Bond Funds. The popularity of this type of fixed income fund has exploded, and it is entirely a creature of the zero interest rate percentage environment.
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Definition of Unearned Revenue in Accounting Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the money is potentially refundable and thus not yet recognized as revenue. Unearned revenue occurs when a company sells a good or service in advance of the customer receiving it.
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- Unsecured Loan Definition. An unsecured loan is an amount of money that a financial institution lends to an individual solely on the basis of that person's ability to repay it in the future. Thus, an individual's personal finances such as credit history, income and credit score are considered before a loan is approved.
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- RELATED TERMS. 1  Unsecured Loan A loan that is issued and supported only by the borrower's creditworthiness, ... 2  Unsecured Debt A loan not backed by an underlying asset. 3  Collateral Property or other assets that a borrower offers a lender to secure 4  ... Secured Note A type of loan that is backed by the borrower's assets.
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- Definition of 'unearned income'. unearned income (ʌnɜːʳnd ɪŋkʌm ) Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job. Reduction in the tax on unearned income could be a boost for small businesses.
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What's the difference between levered and unlevered free cash flow? The difference between levered and unlevered free cash flow is expenses. Levered cash flow is the amount of cash a business has after it has met its financial obligations. Unlevered free cash flow is the money the business has before paying its financial obligations. Operating expenses and interest payments are examples of financial obligations that are paid from levered free cash flow.
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Unearned (Deferred) Revenue, Deferred PaymentDefinition, Meaning Explained, Example Transactions What is Unearned Revenue? Unearned revenue refers to funds a seller receives for goods or services not yet delivered to the buyer. Unearned revenues turn up in many familiar purchase situations. When a traveler purchases airline or railroad tickets in advance, for instance, the carrier has unearned revenues until it delivers the service.
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SEC Issues Final Rule Regarding Disclosure of Off-Balance Sheet Arrangements and Contractual Obligations SEC Issues Final Rule Regarding Disclosure of Off-Balance Sheet Arrangements and Contractual Obligations. On January 22, 2003, the SEC issued a final rule to implement Section 401(a) of the Sarbanes-Oxley Act of 2002 and to codify earlier SEC statements regarding the transparency and quality of financial disclosure.
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- An evaluation that uses either a hypothetical or actual debt-free scenario when measuring the cost to a firm to implement a particular capital project. The unlevered cost of capital should illustrate that it is a cheaper alternative than a levered cost of capital investment program.
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- UNACCOUNTED For ENERGY. (UFE) Unaccounted For Energy. Unaccounted For Energy (UFE) is energy that is not captured on an hourly basis through some type of metering device or the absence of a metering device and exists through normal operations of the utilities business.
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The User's Perspective The portion of fund balance that is not reserved is fittingly called unreserved fund balance. It represents resources that can be used for any purpose of the fund they are reported in. Unreserved fund balance in a debt service fund can be used to repay any outstanding debt. Unreserved fund balance in the general fund can be used for any purpose at all.