Fixed Charge - Definition - Law Dictionary Home Dictionary Definition fixed-charge

Definition :

Fixed charge, is however, on a particular asset or class of assets which the charger cannot deal with free from the charge with consent of the charger, Cosslett (Contractors) Ltd. (in re:), (1998) Ch 495, see also Arthur D Little Ltd. (in administration) v. Ableco Finance, LLC, (2003) LR 217 (Ch): (2002) EWHC 701 (Ch).