Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does floating lien mean?

SEARCHING
Suggestion/Report Error
floating lien
Noun


A lien against a set of assets that can change over time, such as newly acquired inventory and accounts receivables resulting from sales, it attaching the assets when the lien is placed as well as the new assets as the assets change.

Synonym(s): 
  • [BE]: floating charge
    .
top
© 2015-2024 Pecunica LLC.  All rights reserved.
;