Floating Lien — A legal claim placed on a set of assets rather than on a single asset. A floating lien is used when the smaller components of the general asset can change over time, such as in the case of the outstanding balances in a company s accounts… … Investment dictionary
Floating lien — General lien against a company s assets or against a particular class of assets. The New York Times Financial Glossary … Financial and business terms
floating lien — The name for and the nature of a creditor s interest in a debtor s accounts receivable and inventory. In the natural operation of any business, the specific receivables and inventory owned at one point in time are replaced over time by new… … Financial and business terms
floating lien — (Finance) general attachment against the assets of a company or against a specific type of assets … English contemporary dictionary
floating lien — A security interest retained in collateral even when the collateral changes in character, classification, or location. An inventory loan in which the lender receives a security interest or general claim on all of a company s inventory. Security… … Black's law dictionary
floating lien — A security interest retained in collateral even when the collateral changes in character, classification, or location. An inventory loan in which the lender receives a security interest or general claim on all of a company s inventory. Security… … Black's law dictionary
LIEN — (Heb. שִׁעְבּוּד נְכָסִים, Shibud Nekhasim). The Concept Jewish law enables the creditor to exercise a lien over all the debtor s property, in addition to his remedies against the debtor personally. This lien automatically comes into existence on … Encyclopedia of Judaism
Floating charge — A floating charge is a security interest over a fund of changing assets of a company or a limited liability partnership (LLP), which floats or hovers until conversion into a fixed charge, at which point the charge attaches to specific assets. The … Wikipedia
Lien — For other uses, see Lien (disambiguation). Property law … Wikipedia
lien — /liy(a)n/ A claim, encumbrance, or charge on property for payment of some debt, obligation or duty. Sullins v. Sullins, 65 Wash.2d 283, 396 P.2d 886, 888. Qualified right of property which a creditor has in or over specific property of his debtor … Black's law dictionary
