| 单词 | floating lien |
| 释义 | Floating LienFloating LienA security interest retained in collateral even when the collateral changes in character, classification, or location. An inventory loan in which the lender receives a security interest or general claim on all of a company's inventory. A security interest under which the borrower pledges security for present and future advances. floating lienFloating lienfloating lienSometimes refers to the lien of an anaconda mortgage that attaches to additional property acquired after a mortgage loan is originated. More properly refers to a lien on goods or inventory that change constantly, as in financing for a retail establishment.The lien floats among items as they come into the store and are available for sale,detaching itself as the goods are sold to consumers. |
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