Floater: 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.]]}}Could be so many unseemly things:  
{{a|security|[[File:Everybody floats.jpg|thumb|450px|center|Well - we ''all'' do, now and then, when spring is upon us.]]}}Could be so many unseemly things:  
*A dead body (see Stephen King's ''IT'')  
*A dead body (see Stephen King’s ''IT'')  
*A poo that won’t go down (aka a “light brown floater”)
*A poo that won’t ''go down'' (a.k.a. a “light brown floater”)
In the context of financial arrangements:  
In the context of financial arrangements:  
*most often a form of [[equitable mortgage]] which hovers over the encumbered assets in question only to [[Crystallise|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}}.
*most often a form of [[equitable mortgage]] which hovers over the encumbered assets in question only to [[Crystallise|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.  
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.  


{{sa}}
{{sa}}

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