| 单词 | floating charge |
| 释义 | floating charge noun[C] FINANCE,LAWukusanarrangementin which apersonororganizationthatlendsmoneyto acompanyhas therightto takecontrolof the company'sassetsif thedebtis notpaid: Floatingchargesareintendedtoprovidesecurityforlendersandallowcompaniestocontinuetotradefreely. Compare fixed charge Examplesoffloating chargefloating charge In countries that permit the making of an administration order, thefloatingchargehad another key benefit. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.A purported pledge may be recharacterised as afloatingchargein some circumstances, which in turn may be void for want of registration. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.In most legal systems, only fixed security takes precedence over all claims; security by way offloatingchargemay be postponed to the preferential creditors. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.In most jurisdictions, afloatingchargeis only vulnerable to the extent that it does not secure new money for the company. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.For such a catastrophe as has occurred in this case some would blame the law that allows the creation of afloatingcharge. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Thefloatingchargecould not secure those amounts. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Subsequent to the appointment of an administrator under a qualifyingfloatingcharge, the holder of the floating charge must notify the court of the appointment. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.But unlike a fixed charge, afloatingchargeneed not refer to a specific asset of the company. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.They provide him with his cash flow and as such are the natural subjects of afloatingcharge. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.But the object at this stage of the process is not to discover whether the parties intended to create a fixed or afloatingcharge. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.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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