Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “floating charge”

floating charge

noun [C]
 
 
FINANCE, LAW
an arrangement in which a person or organization that lends money to a company has the right to take control of the company's assets if the debt is not paid: Floating charges are intended to provide security for lenders and allow companies to continue to trade freely. →  Compare fixed charge
(Definition of floating charge from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of floating charge?
Add Cambridge dictionaries to your browser to your website

Word of the Day

shampoo

a liquid used for washing hair, or for washing particular objects or materials

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More