Here you will find one or more explanations in English for the word Floating charge.
Also in the bottom left of the page several parts of wikipedia pages related to the word Floating charge and, of course, Floating charge synonyms and on the right images related to the word Floating charge.
Floating charge
Floating charge Floating charge, lien lien, etc. (Law)
A charge, lien, etc., that successively attaches to such
assets as a person may have from time to time, leaving him
more or less free to dispose of or encumber them as if no
such charge or lien existed.
Meaning of Floating charge from wikipedia
- finance, a
floating charge is a
security interest over a fund of
changing ****ets of a
company or
other legal person.
Unlike a
fixed charge,
which is created...
- In
English law, a
qualifying floating charge is a
floating charge which enables the
holder to
appoint an
administrator or
administrative receiver under...
- In law, a
voidable floating charge refers to a
floating charge entered into
shortly prior to the
company going into
liquidation which is void or unenforceable...
-
mechanisms are used to
modify the
amount of
charge stored in the FG. The
FGMOS is
commonly used as a
floating-gate
memory cell, the
digital storage element...
- it is also
possible for a
director and, crucially, the
holder of a
floating charge over the company's
whole property to
apply for
appointment of an administrator...
-
thereby almost granting a
monopoly in
favour of the bank
holding the
floating charge on
lending to the company. Some
economists question the
utility of...
- the
holder of a
floating charge. Fifth, the
holders of a
floating charge holders must be paid. Like a
fixed charge, a
floating charge can be
created by...
-
Equitable charge,
confers a
right on the
secured party to look to a
particular ****et in the
event of the debtor's
default Floating charge, a security...
- felt to be too
favourable to the
floating charge holder at the
expense of
other creditors.
Holders of a
floating charge created prior to 15
September 2003...
-
development of the
floating charge,
creditors were
effectively able to take
security over a company's
entire business by
means of a
floating charge over the undertaking...
