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词汇 floating-charge
释义 floating charge
noun[ C ]
 FINANCE, LAWukus
an arrangement in which a person or organization that lends money to a company has the right to take control of the company's assets if the debt is not paid:
Floating charges are intended to provide security for lenders and allow companies to continue to trade freely.
Compare
fixed charge

Examples of floating charge


floating charge
In countries that permit the making of an administration order, the floatingcharge had another key benefit.
From
Wikipedia

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A purported pledge may be recharacterised as a floatingcharge in some circumstances, which in turn may be void for want of registration.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
In most legal systems, only fixed security takes precedence over all claims; security by way of floatingcharge may be postponed to the preferential creditors.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
In most jurisdictions, a floatingcharge is only vulnerable to the extent that it does not secure new money for the company.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
For such a catastrophe as has occurred in this case some would blame the law that allows the creation of a floatingcharge.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The floatingcharge could not secure those amounts.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Subsequent to the appointment of an administrator under a qualifying floatingcharge, the holder of the floating charge must notify the court of the appointment.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
But unlike a fixed charge, a floatingcharge need not refer to a specific asset of the company.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
They provide him with his cash flow and as such are the natural subjects of a floatingcharge.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
But the object at this stage of the process is not to discover whether the parties intended to create a fixed or a floatingcharge.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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