Pledge and CIC: Difference between pages

Latest revision as of 06:44, 1 February 2024

Not for profit - limited liability companies - UK.

Community Interest Company, one of the legal structures available in the UK for establishing or incorporating a social enterprise.

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-An item transferred by a borrower to a lender, as a security for a debt.
+''Not for profit - limited liability companies - UK.''
-The borrower remains the legal owner of the item, but if the borrower fails to repay the loan the lender has the right to sell it and to use the proceeds to pay the debt.
+Community Interest Company, one of the legal structures available in the UK for establishing or incorporating a social enterprise.
-The lender normally retains physical possession of the asset until the debt is repaid.
+==See also==
+*[[Community interest company]]
+*[[Company]]
+*[[Company law]]
+*[[Limited liability company]]
+*[[Not-for-profit]]
+*[[Social enterprise]]
-== See also ==
+==Other resources==
-* [[Covered bond]]
+*[https://assets.publishing.service.gov.uk/media/5a7c86b9ed915d6969f457f6/10-1388-community-interest-companies-benefits-of-a-cic-leaflet.pdf CICs compared with charities and ordinary limited companies - the CIC Regulator]
-* [[Fixed charge]]
+*[https://www.gov.uk/government/organisations/office-of-the-regulator-of-community-interest-companies UK Office of the Regulator of Community Interest Companies - about us - what we do]
-* [[Garnishee order]]
-* [[Lien]]
+[[Category:Accounting,_tax_and_regulation]]
-* [[Mortgage]]
+[[Category:The_business_context]]
-* [[Remedy]]
 [[Category:Accounting,_tax_and_regulation]]
 [[Category:The_business_context]]