Underwriting: Underwriting is the process of assessing the risk involved in financial or similar transaction to a borrower(s). As well as determining the terms and conditions of the loan or investment, or similar...
Unencumbered Assets: What Are Unencumbered Assets? Unencumbered assets are equipment, vehicles, or other business assets that are fully paid off and not tied to active loans, leases, or legal claims. Because they’re owned outright,...