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单词 floating charge
释义

floating charge


floating charge

n (Economics) chiefly Brit an unsecured charge on the assets of an enterprise that allows such assets to be used commercially until the enterprise ceases to operate or the creditor intervenes to demand collateral

floating charge


floating charge

[¦flōd·iŋ ′chärj] (electricity) Application of a constant voltage to a storage battery, sufficient to maintain an approximately constant state of charge while the battery is idle or on light duty.

floating charge


Related to floating charge: fixed charge

floating charge

a security created by a company by debenture (in Scotland, a floating charge) over its whole assets and undertaking for the time being. The point of this form of security is that the company may continue to conduct its business, disposing of some assets and acquiring others without having to obtain the consent of the debenture holders for each disposal. In the event of a default, the charge crystallizes and becomes fixed and enforceable over the assets held at that time.
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更新时间:2024/11/12 5:26:07