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.
