floating lien
1floating lien — see lien Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. floating lien …
2Floating Lien — A legal claim placed on a set of assets rather than on a single asset. A floating lien is used when the smaller components of the general asset can change over time, such as in the case of the outstanding balances in a company s accounts… …
3Floating lien — General lien against a company s assets or against a particular class of assets. The New York Times Financial Glossary …
4floating lien — The name for and the nature of a creditor s interest in a debtor s accounts receivable and inventory. In the natural operation of any business, the specific receivables and inventory owned at one point in time are replaced over time by new… …
5floating lien — (Finance) general attachment against the assets of a company or against a specific type of assets …
6floating lien — A security interest retained in collateral even when the collateral changes in character, classification, or location. An inventory loan in which the lender receives a security interest or general claim on all of a company s inventory. Security… …
7floating lien — A security interest retained in collateral even when the collateral changes in character, classification, or location. An inventory loan in which the lender receives a security interest or general claim on all of a company s inventory. Security… …
8LIEN — (Heb. שִׁעְבּוּד נְכָסִים, Shibud Nekhasim). The Concept Jewish law enables the creditor to exercise a lien over all the debtor s property, in addition to his remedies against the debtor personally. This lien automatically comes into existence on …
9Floating charge — A floating charge is a security interest over a fund of changing assets of a company or a limited liability partnership (LLP), which floats or hovers until conversion into a fixed charge, at which point the charge attaches to specific assets. The …
10Lien — For other uses, see Lien (disambiguation). Property law …
