charge on assets
noun[C]
LAW,PROPERTYukuspluralcharges on assets(alsocharge)therightof alenderto bepaidfrom a borrower'sassetsif thedebtis notpaidontime:
Everyyearthecompanymustreportitstotaldebtssecuredby a charge onassets.
| 单词 | charge on assets |
| 释义 | charge on assets noun[C] LAW,PROPERTYukuspluralcharges on assets(alsocharge)therightof alenderto bepaidfrom a borrower'sassetsif thedebtis notpaidontime: Everyyearthecompanymustreportitstotaldebtssecuredby a charge onassets. Examplesofcharge on assetscharge on assets They are secured by a priorchargeonassets. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Their first floatingchargeonassetsis frequently additionally backed by a personal guarantee. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 If the sequestration case involved assets—regardless of whether the debts outweighed the assets—they could be used to pay for professional fees, which have a firstchargeonassets. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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