Search

What is another word for Floating charge?

Pronunciation: [flˈə͡ʊtɪŋ t͡ʃˈɑːd͡ʒ] (IPA)

A floating charge is a term commonly used in the legal and financial sectors, referring to a type of security interest in a borrower's assets. However, there are various synonyms and related terms that can be used interchangeably to describe this type of charge. Examples include "floating lien", "floating security" or "floating debenture". These terms all represent the concept of a security interest that attaches to a company's assets, allowing the lender to have priority over them in case of default. While the specific terminology may differ depending on the jurisdiction or context, understanding these synonyms can help navigate the complexities of financial and legal discussions concerning floating charges.
Opposite words
Antonyms
Search

What are the opposite words for Floating charge?

A floating charge is a type of security that allows a borrower to use a group of assets to secure a loan while still retaining ownership of those assets. The two antonyms of a floating charge are fixed charge and specific charge. A fixed charge, on the other hand, is a type of security in which an asset or group of assets is used to secure a loan, and the borrower has no right to sell or dispose of those assets without the lender's consent. A specific charge refers to a type of security in which a particular asset or group of assets is used to secure a loan, and that asset cannot be sold, transferred, or disposed of without the lender's consent.

What are the antonyms for Floating charge?

Word of the Day

R OF O
The word "R OF O" does not exist in the English language or any other language. It is likely a typographical error and was intended to be another word. Without the correct word, it...