|
Floating charge
Floating charges are security interests which allow the person giving the security to sell the items over which the security exists, free of the security until the security 'crystallizes'.
They are often used to give security over categories of assets such as a trader's stock in trade from time to time.
They have a number of disadvantages as against other forms of security; one of which is that the security holder cannot retain all the proceeds of the security.
Financial terms alphabetically:
| #
| A
| B
| C
| D
| E
| F
| G
| H
| I
| J
| K
| L
| M
| N
| O
| P
| Q
| R
| S
| T
| U
| V
| W
| X
| Y
| Z
|