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 ?
All of the proposals to dismantle INS and create two separate bureaus would have a person in charge of each bureau.
The directors in charge of INS's eight Service Processing Centers (30) will also report directly to INS headquarters, instead of to the District and Regional Directors whose positions will be eliminated under the new restructuring plan.
There is usually a king in charge of the ring, and the vendors have to give him some of their money,'' Meyer said.