Specific Charge: Canada Debt .ca defines Specific Charge

Bankruptcy Term Specific Charge

<<< Back

Canada Debt has the definition to the bankruptcy and debt term Specific Charge. Finding answers to terms such as Specific 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. Specific Charge in financial terms means...

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

A lien or security interest in a specific piece of property that can be distinguished from other pieces of property. For example, security over a vehicle.