Floating Charge - Law Dictionary Search Results
Floating charge
Floating charge. This term is not a legal term, but it is … in future subsidiaries does not mean that the charge is floating charge, Atlantic Medical Ltd. (in re:), (1993) BCLC 386. See also
Debenture
is fixed on the company's property or by way of floating charge. If fixed, the remedies upon default are those available to … the debenture or provided by the trust deed. See also FLOATING CHARGE. This form of security is frequently resorted to by public
By way of specific charge
property or property capable of being ascertained and defined, a floating charge, on the other hand, is ambulatory and shifting in its
Keep your definitions linked to case research
Winding-up
in England) postpones the claims of debenture holders under any floating charge created by the company, but only so far as the
floating lien
floating lien see lien … floating lien see lien
Floating charge
A charge lien etc that successively attaches to such assets as a
Hypothecation
such creditor, as a security for financial assistance and includes floating charge and crystallization of such charge into fixed charge on movable
Preferential payments
claims of holders of debentures or debenture stock under any floating charge created by a company. The debts are a first charge
Call
& Co., (1925) 1 KB 589. See COMPANY and CONTRIBUTORY; FLOATING CHARGE and TABLE A. (Articles 11 to 16). 3. A Stock
Floating security
Floating security, in an equitable charge on the assets for the
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