Floating Charge - Law Dictionary Search Results
Preferential payments
these debts are to have priority over the claims of holders of debentures or debenture stock under any floating charge created by a company. The debts are a first charge on goods or proceeds distrained upon within three
Call
future calls on shares, Spencer v. Asworth, Partington & Co., (1925) 1 KB 589. See COMPANY and CONTRIBUTORY; FLOATING CHARGE and TABLE A. (Articles 11 to 16). 3. A Stock Exchange term for the right to buy stock
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