floating charge Antonyms

No Synonyms and anytonyms found

Meaning of floating charge

Webster

floating charge ()

Alt. of lien

floating charge Sentence Examples

1. The company granted a floating charge over its assets to secure the loan.
2. Floating charges provide flexibility as the company can continue to sell or dispose of its assets.
3. Unlike fixed charges, floating charges do not attach to specific assets.
4. The floating charge attaches to the assets of the company as a whole.
5. The floating charge becomes fixed if the company goes into liquidation.
6. Floating charges are typically used to secure loans or other debts.
7. The priority of floating charges is determined by the date of registration.
8. The floating charge is a type of security interest that allows the company to retain possession of its assets.
9. The floating charge creates a charge over the company's assets, but not over its land.
10. The floating charge is an equitable charge as it is not registered at the Land Registry.

FAQs About the word floating charge

What is the meaning of the word floating charge

Alt. of lien

What are the synonyms of the word floating charge

No synonyms found.

What are the antonyms of the word floating charge

No antonyms found.

What is the usage of word floating charge

The company granted a floating charge over its assets to secure the loan.

Floating charges provide flexibility as the company can continue to sell or dispose of its assets.

How to use the word floating charge in a sentence?

Unlike fixed charges, floating charges do not attach to specific assets.

The floating charge attaches to the assets of the company as a whole.