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, for some reason, it just doesn't work for him when he takes charge of the Boro.
Spirited debate surrounds the theory that the human prefrontal cortex, a slice of brain tissue just behind the forehead, takes charge of working memory, which temporarily holds and organizes information needed for tasks such as reading or driving a car.
The RTE (Right Tight End) takes charge of setting up the wall for the return.
The knowledge has to be stored in the part of the brain that takes charge when a child is fearful or anxious.
RUGBY UNION: The Welsh and English contingent on this summer's Lions tour of Australia will be reacquainted with referee Steve Walsh when he takes charge of the opening game of the trip against the Barbarians.
CRAIG LEVEIN will be hoping referee Tom Hagen proves to be a lucky charm when the Norwegian takes charge of tomorrow's World Cup qualifier against Belgium.
ITALIAN referee Roberto Rosetti will complete a unique double when he takes charge of the Euro 2008 Final 22 days after officiating at the opening game.
Young, who went on to play for Newport County and is now the Conference club's assistant manager to Peter Beadle, takes charge of FiC next week.
In 1784, English Captain Richard Bolitho takes charge of the frigate Undine, collects what crew he can scrape together, and sets off on a secret assignment to India and the East Indies.