Floater: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "Could be so many unseemly things: A dead body, a poo that won’t go down — but in the context of financial arrangements, most likely a form of equitable mortgage which..." |
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Could be so many unseemly things: A dead body | Could be so many unseemly things: | ||
*A dead body (see Stephen King's ''IT'') | |||
*A poo that won’t go down (aka a “light brown floater”) | |||
In the context of financial arrangements: | |||
*most often a form of [[equitable mortgage]] which hovers over the encumbered assets in question only to clamp down on them when the going gets tough: a {{tag|floating charge}}, in other words. To be compared and enviously contrasted with a {{tag|fixed charge}}. | |||
A [[floater]] might also refer to a [[floating rate note]] or a [[floating rate]] in the abstract, but this isn't really to be encouraged. | |||
{{seealso}} | {{seealso}} | ||
*[[Floating charge]] | *[[Floating charge]] | ||
*[[Floating rate]] | |||
*[[You must be joking|How to get a fluffy floater to flush]] | *[[You must be joking|How to get a fluffy floater to flush]] | ||
{{egg}} | {{egg}} | ||
{{draft}} | {{draft}} | ||
Revision as of 18:02, 16 March 2018
Could be so many unseemly things:
- A dead body (see Stephen King's IT)
- A poo that won’t go down (aka a “light brown floater”)
In the context of financial arrangements:
- most often a form of equitable mortgage which hovers over the encumbered assets in question only to clamp down on them when the going gets tough: a floating charge, in other words. To be compared and enviously contrasted with a fixed charge.
A floater might also refer to a floating rate note or a floating rate in the abstract, but this isn't really to be encouraged.