1.   Crystallisation Crystallisation is the term used to describe the process by which a floating charge is converted into a normal fixed charge.

2.   It is unclear as to whether the making of an administration order crystallises a floating charge.

3.   New floating charges can be voided if new money is not introduced.

4.   The remedies of the floating charge holder will be dealt with in greater detail later.

5.   While obviously the fixed charge accords superior protection, there are sound reasons for taking a floating charge.

6.   They are secured by either a fixed or a floating charge against the assets of the company.

7.   Unsecured loan stocks are corporate bonds that are not secured by either a fixed or a floating charge.

8.   For example, floating charges are often used by finance companies in the United States to finance movable assets.

9.   In the US, a small importer of motorcycles often receives credit via a floating charge over the number of motorbikes financed.