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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Relatives of Lord Brittan blasted Mr Watson after police said they would never have pressed charges against the ex-Home Secretary, who died this year.
Two women in Sweden had pressed charges of sexual assault against him following which an arrest warrant was issued in 2010, the BBC reported.
Summary: 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.