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 periodicals archive ?
BEIRUT: Military Prosecutor Judge Saqr Saqr pressed charges Wednesday against a policeman and six inmates, including five members of Fatah al-Islam, for allegedly attempting to smuggle a potentially dangerous chemical substance into Roumieh prison.
According to Nada Bakkary, a spokesperson for AFTE, students pressed charges against university vice president Hamdi Hassan, assistant vice president Ali Abu Bakr, and director of security Mamdouh Abdel Latif.
He pressed charges against them but nothing was done.