FLOATING CHARGE

World English Dictionary
floating charge
 
n
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

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Explore Dictionary.com
Previous Definition: floating cartilage
Next Definition: floating cloud
Words Near: floating charge
More from Thesaurus.com
Synonyms and Antonyms for floating charge
More from Reference.com
Search for articles containing floating charge
More from Dictionary.com Translator
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature