Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Fixed and floating charges over assets

Security over an asset. A fixed charge is security over a specific asset of a borrower. A floating charge is a charge over all the borrowers asset. Both only crystalize in the event of default. 

Source: INREV | Date: 26 February 2020 | ID: D0691 | Version: 2