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floating charge
noun
mainly
British
an unsecured charge on the assets of an enterprise that allows such assets to be used commercially until the enterprise ceases to operate or the creditor intervenes to demand collateral
Words nearby floating charge
floater
,
floaters
,
floating
,
floating assets
,
floating cartilage
,
floating charge
,
floating cloud, the
,
floating debt
,
floating dock
,
floating exchange rate
,
floating foundation