charge on assets

charge on assets
charge on assets ˌcharge on ˈassets noun charges on assets PLURALFORM [countable] FINANCE
the right of people who are owed money by a company to receive money from the company's assets if the debt is not paid on time

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charge on assets UK US noun [C] (plural charges on assets) (also charge) LAW, PROPERTY
the right of a lender to be paid from a borrower's assets if the debt is not paid on time: »

Every year the company must report its total debts secured by a charge on assets.


Financial and business terms. 2012.

Игры ⚽ Нужно решить контрольную?

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