What are the opposite words for Floating charge?
A floating charge is a type of security that allows a borrower to use a group of assets to secure a loan while still retaining ownership of those assets. The two antonyms of a floating charge are fixed charge and specific charge. A fixed charge, on the other hand, is a type of security in which an asset or group of assets is used to secure a loan, and the borrower has no right to sell or dispose of those assets without the lender's consent. A specific charge refers to a type of security in which a particular asset or group of assets is used to secure a loan, and that asset cannot be sold, transferred, or disposed of without the lender's consent.
What are the antonyms for Floating charge?
Word of the Day
non-derivable
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The word "non-derivable" refers to something that cannot be obtained through logical deduction or inference. Its antonyms include terms like "deducible," "inferable," and "derivabl...