floating charge in English
placing a lien upon a debtor's assets
Use "floating charge" in a sentence
Below are sample sentences containing the word "floating charge" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "floating charge", or refer to the context using the word "floating charge" in the English Dictionary.
1. Crystallization the fixing of a floating charge on assets
2. A floating charge may Crystallise over all the assets subject to it (which is most common), or just some of them if the lender so decides (but this is rare)
3. ‘It follows that the charge over the book and other debts was a floating charge until it Crystallised on that date.’ ‘The contingent liability has now Crystallised into a €113 million charge in the profit and loss account.’ ‘Yes you can, but you must sell the shares to your pension fund, thereby crystallising any …