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Từ vựng:

floating charge

Giải nghĩa:

/ˈfloʊtɪŋ tʃɑːrdʒ/ – Phrase


Definition: Quyền thế chấp linh hoạt.

A more thorough explanation: a continuing charge on assets which allows the grantor to deal with those assets freely

Example: The loan was secured with a floating charge over the companies assets.