Charge


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Charge

The document evidencing mortgage security required by Crown Law (law derived from English law). A Fixed Charge refers to a defined set of assets and is usually registered. A Floating Charge refers to other assets which change from time to time (ie. cash, inventory, etc.), which become a Fixed Charge after a default.

Charge

1. To sell at a certain price. For example, if a grocery store sells coffee beans for $7 per pound, it is said to charge $7 per pound for coffee.

2. Informal; to buy something on credit, especially with a credit card or charge card. That is, one who uses a credit card for transactions is said to charge those transactions.
References in classic literature ?
As the Heliumite's point pricked his green hide, Hortan Gur turned upon his adversary with a snarl, but at the same instant two of his chieftains called to him to hasten, for the charge of the fair-skinned inhabitants of the city was developing into a more serious matter than the Torquasians had anticipated.
Sabin said, sitting down in a high-backed wooden chair; "I decline to move until the charge against me is properly explained.
It was the usual charge for an assault and battery on the person of Hiram Doolittle, and was couched in the ancient language of such instruments, especial care having been taken by the scribe not to omit the name of a single offensive weapon known to the law.
While I was in charge of the Indian boys at Hampton, I had one or two experiences which illustrate the curious workings of caste in America.
These manoeuvres Tarzan knew would continue until the blacks had worked themselves into a state of hysterical courage sufficient to sustain them for a short charge toward the village, and even though he doubted that they would reach it at the first attempt, he believed that at the second or the third they would swarm through the gateway, when the outcome could not be aught than the extermination of Tarzan's bold, but unarmed and undisciplined, defenders.
Tarzan of the Apes stood directly before the entrance to the cavern, his knife in his hand, awaiting the charge.
Nothing will induce we to believe that the lady whom you have accused has committed, or is capable of committing, such a fraud as you charge her with.
In another moment he would be clear of the underbrush and ready for the rapid charge and the quick retreat that would end the brief existence of Teeka's balu.
A young fogle-hunter,' replied the man who had Oliver in charge.
I had such perfect trust in him that while he was guiding me I was ready to charge up to the very cannon's mouth.
The Bishop no sooner saw this action than he knew his man, and that there was a trap set; and being an arrant coward, he wheeled his horse sharply and would have made off down the road; but his own men, spurred on the charge, blocked his way.
Upon the ground," said the Attorney, "that after paying all fees and expenses of litigation and all charges against the estate there will still be something left.