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词汇 charge-on-assets
释义 charge on assets
noun[ C ]
 LAW, PROPERTYukuspluralcharges on assets(alsocharge)
the right of a lender to be paid from a borrower's assets if the debt is not paid on time:
Every year the company must report its total debts secured by a charge on assets.

Examples of charge on assets


charge on assets
They are secured by a prior chargeonassets.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Their first floating chargeonassets is frequently additionally backed by a personal guarantee.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
If the sequestration case involved assets—regardless of whether the debts outweighed the assets—they could be used to pay for professional fees, which have a first chargeonassets.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
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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