<?xml version="1.0" encoding='utf-8'?>
<!DOCTYPE wml PUBLIC "-//WAPFORUM//DTD WML 1.1//EN" "http://www.wapforum.org/DTD/wml_1.1.xml">
<wml>
<card id="card1" title="Floating charge - Page 1 - Wikipedia">
<p>
<a accesskey="3" href="page.php?w=floating_charge&amp;p=2">3.Next</a>
</p>
<p> </p>

<p>In <a href="page.php?w=finance">finance</a>, a <b>floating charge</b> is a <a href="page.php?w=security_interest">security interest</a> over a fund of changing <a href="page.php?w=assets">assets</a> of a <a href="page.php?w=company_%28law%29">company</a> or other <a href="page.php?w=legal_person">legal person</a>. Unlike a fixed charge, which is created over ascertained and definite <a href="page.php?w=property">property</a>, a floating charge is created over property of an ambulatory and shifting nature, such as <a href="page.php?w=receivable">receivable</a>s</p><p>
<a accesskey="3" href="page.php?w=floating_charge&amp;p=2">3.Next</a>
</p>

<do type="prev" label="Search">
        <go href="search.wml"/>
</do>

</card>
</wml>
