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floating charge |
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floating charge n (Economics) Chiefly Brit an unsecured charge on the assets of an enterprise that allows such assets to be used commercially until the enterprise ceases to operate or the creditor intervenes to demand collateral How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The convertible loan is secured by a floating charge on all of the Company's assets and a fixed charge on the Company's intellectual property and accounts receivable. The bridge loan is and the convertible loan would be secured by a floating charge on all of the Company's assets and a fixed charge on the Company's intellectual property and accounts receivable. The bridge loan and the convertible loan will be secured by a floating charge on all of the Company's assets and a fixed charge on the Company's intellectual property and accounts receivable. |
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