Business Terms and Jargon Explained

What is Floating Charge

This is when there is a choice of assets that a loan or debenture is secured against. E.g. A fleet of cars are used to secure a loan. In the event of default anyone of the cars can be chosen by the creditors to be sold to make the repayments.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

Equity Line Factum Fixed Rate loan
Parental leave policy Cipher Applet
Transposition - EU Public Sector Market Prices
Jobber Barter Price gouging
Prosumer Boliviano Witness
Internal Control Sale and Leaseback Official Solicitor
Margin Scheme Package Spouse Open End Credit
Closure Formal Dubitante Offer
Lat Hardening - Systems Building Society
Credit Derivatives Lessee Killer bee
Statement of Account Sub nomine Variable Rate Loan
Repo Reimbursement Easy mark
Account payee Astute OATH

Term created / updated 2011-06-05 11:47:48

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.