* * *
* * *
Floating charges are intended to provide security for lenders and allow companies to continue to trade freely.
Consider an example of a floating charge:
A business that operates in rental of large pieces of machinery might apply for a mortgage to obtain a new building. The lender will make the loan and take a floating charge using the rental equipment (the businesses' inventory) as the asset to secure the mortgage. Although the machinery could be repossessed in the event that the business failed to make timely repayment on the mortgage, the floating charge does not prohibit the company from continuing to rent the machinery out as normal.
United Glossary of Bankruptcy Terms2012.
скор. flc
плаваюча застава (обігового капіталу); застава обігового капіталу
краткосрочный государственный долг