Fixed charge: Difference between revisions

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''Law''.   
1.  ''Law''.   
 
A charge attached to a specific asset or assets and which prevents dealing in those assets without the consent of the secured creditor.
A charge attached to a specific asset or assets and which prevents dealing in those assets without the consent of the secured creditor.
2.
More generally, a type of predetermined payment that recurs on a regular basis e.g. loan payment.


== See also ==
== See also ==
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* [[Floating charge]]
* [[Floating charge]]
* [[Mortgage ]]
* [[Mortgage ]]
* [[Secured]]
* [[Securitisation ]]
* [[Securitise]]
* [[Security]]
* [[Security]]


[[Category:Compliance_and_audit]]

Latest revision as of 20:35, 4 July 2022

1. Law.

A charge attached to a specific asset or assets and which prevents dealing in those assets without the consent of the secured creditor.


2.

More generally, a type of predetermined payment that recurs on a regular basis e.g. loan payment.


See also