Use "floating charge" in a sentence

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 …