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(Created page with "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...")
 
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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]].
{{a|security|}}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]].


{{seealso}}
{{seealso}}
*[[Floating charge]]
*[[Floating charge]]
*[[Fixed charge]
*[[Fixed charge]]

Revision as of 15:02, 25 January 2019

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.

See also