floating charge

British  

noun

1. an unsecured charge on the assets of an enterprise that allows such assets to be used commercially until the enterprise ceases to operate or the creditor intervenes to demand collateral

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Example Sentences

Writing on X, formerly Twitter, Mr Hoy added: "It's time for total transparency and independent verification that the roaming charges related solely to parliamentary and constituency business."

From BBC • Nov. 13, 2023

Canada's Rogers Communications Inc , on Thursday beat estimates for quarterly revenue, profit and phone subscriber growth, benefiting from higher roaming charges and promotional offers during the holiday quarter.

From Reuters • Feb. 2, 2023

Among the concrete measures to be adopted in Tirana, a deal involving telecommunications operators that will bring down data roaming charges will be announced.

From Seattle Times • Dec. 6, 2022

Another French diplomat said some concrete initiatives could emerge from the forum, including university cooperation following Britain’s exit from the Erasmus exchange programme, or even free phone roaming charges across member countries.

From Reuters • Oct. 3, 2022

The planned £2-a-day fees are still relatively small compared with the costs customers had to pay before the EU banned roaming charges.

From BBC • Jan. 10, 2022