Floating Charge: Canada Debt .ca defines Floating Charge

Bankruptcy Term Floating Charge

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Canada Debt has the definition to the bankruptcy and debt term Floating Charge. Finding answers to terms such as Floating Charge can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Floating Charge in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Floating Charge' is used as follows:

A type of security interest that charges the debtor's property but does not specify particular assets or pieces of equipment until the security interest or instrument is crystallized.