Crystallise: Difference between revisions
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{{a|security|[[File:Everybody floats.jpg|thumb|center|Well - we ''all'' do, now and then, when spring is upon us.]]}} | |||
Of a [[floating charge]], to suddenly [[Fixed charge|fix]], clamping down like some kind of bear trap on all the [[chargor]]’s hitherto moveable stock-in-trade. A fair sign the game is almost up: it almost always requires some kind of iniquity or [[credit]] failure on the part of the [[chargor]]. | |||
{{sa}} | {{sa}} | ||
*[[Floating charge]] | *[[Floating charge]] | ||
*[[Fixed charge]] | *[[Fixed charge]] | ||
Latest revision as of 10:58, 3 December 2020
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A word about credit risk mitigation
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Of a floating charge, to suddenly fix, clamping down like some kind of bear trap on all the chargor’s hitherto moveable stock-in-trade. A fair sign the game is almost up: it almost always requires some kind of iniquity or credit failure on the part of the chargor.