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 ?
In a time-series setting, what matters is not whether the share of the prevailing charge is greater than that of the customary and the billed amounts combined, but whether the variations of the prevailing charge over time are greater than those of the other two.
Of particular interest is the negative correlation between the size of the prevailing charge reduction and average Medicare caseload.
Thus payments will now be 55 per cent of the prevailing charges for independent labs and 57 per cent of those charges for hospital facilities.
Physicians are offered various incentives to sign participation agreements, including higher prevailing charge levels and exclusion from the maximum allowable actual charges (MAAC) limits on NON-PAR physician charge.
Agency officials are attempting to tackle what they see as "grossly excessive" prevailing charges for certain coverpriced" procedures.
Prevailing charge-The prevailing charge is the charge at the 75th percentile in an array of the weighted customary charges made for similar services in the same locality.
Booth pointed out that HCFA and legislators zeroed in on the 60 per cent prevailing charge level because "that seemed the point at which the Government could, in fact, reach some savings without being draconian."
Currently, Congress is considering a national fee schedule that would use a percentage (probably near 60 per cent) of the usual, customary, and prevailing charge, in conrast to the demonstration project's RVS approach.
The House measure sets the fee schedule at 60 per cent of the prevailing charge for the procedure and requires all clinical labs to bill Medicare directly.
Reasonable charges have been defined as " charges for services or supplies, which are standard charges for the specific provider and consistent with the prevailing charges in the geographical area for identical or similar services." This is not the first time that the industry has expressed the need to standardise rates.
As per the usage, beneficiaries of this offer (the category of teachers and higher education students) must be subject to the prevailing charges of Hayyak and Mada mobile broadband packages (3.5G) provided by Omantel.
Fee schedule was based on 60-62% of prevailing charges.