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 ?
But she has not pressed charges against Richard Evans, 24, after senior royal staff told her that it would better "for all concerned".
Four Muslim groups, along with an organization called the Human Rights League, pressed charges, arguing that the author's statements incited racism.
Manning, who suffered a broken knuckle in the fight, said he would have pressed charges against Herbert if he knew he'd be arrested.