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floating charge
(redirected from floating charges)

   Also found in: Dictionary/thesaurus 0.01 sec.
floating charge [¦flōd·iŋ ′chärj]
(electricity)
Application of a constant voltage to a storage battery, sufficient to maintain an approximately constant state of charge while the battery is idle or on light duty.


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The facility bears interest at 8% per annum, and is secured by a floating charge on all the assets of Imperial plus guarantees by it subsidiaries, Mount Polley Mining Corporation and Mount Polley Holding Company Limited, and floating charges on all their assets.
secured by first fixed and floating charges on the freehold and leasehold property interests in 4,091 public houses (pubs) and a first floating charge over other assets and undertakings of Unique Pub Properties Ltd.
First fixed and floating charges on the freehold and leasehold property interests in the 3,264 pubs and a first floating charge over other assets and undertakings of the Unique Pub Properties secure a loan to The Unique Pub Properties.
 
 
 
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