Definition for floating charge - Oxford Dictionaries Online (World English)

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	floating charge (float\|ing charge) noun a liability to a creditor which relates to the company’s assets as a whole and may become fixed in particular circumstances (such as liquidation). Compare with fixed charge.		More words in this category assure bubble cost-of-carry demand draft dividend FDI financial fixed assets junk bond load national bank non-voting pension pot pro forma repayment repurchase agreement surcharge TESSA Treasury bill virement Nearby Words float float arm float chamber float glass float valve floatable floatel floater floating floating charge floating cloche floating debt floating dock floating holiday floating kidney floating rib floating voter floating-point floatplane