unencumbered

Vocabulary Word

Definition

The word 'unencumbered' means to have complete freedom or liberty without any hindrance or obstacle. Imagine being able to move, work, or act without any restrictions or burdens.

Examples in Different Contexts

In business finance, having 'unencumbered' assets is essential for liquidity management. A CFO might say, 'Maintaining a portfolio of unencumbered assets enables us to secure financing swiftly, providing financial flexibility to capitalize on emerging opportunities.'

Practice Scenarios

Business

Scenario:

Considering the potential investment opportunities, it's crucial to determine the asset's current financial obligations.

Response:

Majority of the assets are unencumbered, giving us a lot of flexibility for investment decisions.

Leadership

Scenario:

To facilitate transparent and fair management, we must avoid letting personal biases affect our decisions.

Response:

I agree, making unencumbered decisions based on facts and data always leads the company in the right direction.