Floating Security - Law Dictionary Search Results
floating lien
Matched in: Term floating lien
Floating security
Matched in: Term Floating security
Debenture
The charge created by debentures as a rule is fixed on the company's property or by way of floating charge. If fixed, the remedies upon default are those available to mortgagees and those stipulated for and endorsed … five centuries ago (Palmer's Company Precedents, Pt. III., p. 1); and a document which, though it mentions to security and is only a promise to pay, is properly described as a debentures, and as a marketable security
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lien
or encumbrances of the same general category but not necessarily over those (as taxes) imposed by government sanction float·ing lien : a lien created in a security agreement against property owned by the debtor at the time
floater
damage of goods in transit or goods (as jewels) naturally subject to use in various places called also floating policy 2 : a debt security that yields an indexed variable rate of interest ;esp : floating rate
Hypothecation
delivery of possession of the movable property to such creditor, as a security for financial assistance and includes floating charge and crystallization of such charge into fixed charge on movable property. [Securitisation and Reconstruction of Financial Assets
Bowgrace
or junk laid out at the sides or bows of a vessel to secure it from injury by floating ice … frame or fender of rope or junk laid out at the sides or bows of a vessel to secure it from injury by floating ice
Floating charge
Matched in: Term Floating charge
Floating charge
Matched in: Term Floating charge
float
float 1 : an amount of money represented by checks outstanding and in process of collection 2 : the … and without any restrictive effect of artificial support or control vt 1 : to place (an issue of securities) on the market 2 : to obtain money for the establishment or development of (an enterprise) by issuing
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