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Fixed and floating charges over assets
| Глоссарий по инвестициям |
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.
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Fixed rate debt, английский
Fixed rate debt has a pre-determined or locked interest rate or coupon that is payable at specified dates. due to its fixed nature, the fixed-rate debt is not susceptible to fluctuations in interest rates.
First ranking mortgage, английский
A fixed security interest over property which ranks in priority to all other claims.
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