Fixed charge: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add links.) |
||
| Line 1: | Line 1: | ||
1. | 1. ''Law''. | ||
''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. | ||
| Line 7: | Line 5: | ||
2. | 2. | ||
More generally, a type of predetermined payment that recurs on a regular basis e.g. loan payment. | More generally, a type of predetermined payment that recurs on a regular basis e.g. loan payment. | ||
| Line 14: | Line 13: | ||
* [[Floating charge]] | * [[Floating charge]] | ||
* [[Mortgage ]] | * [[Mortgage ]] | ||
* [[Secured]] | |||
* [[Securitisation ]] | |||
* [[Securitise]] | |||
* [[Security]] | * [[Security]] | ||
[[Category:Compliance_and_audit]] | [[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.
