Also referred to as fixed and floating charge, relates to charges that are made on floating assets such as cash as well as fixed assets such as property and machinery. The lien freezes all of the assets should a borrower default on a loan or their credit.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser