Floating Lien


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Related to Floating Lien: Floating charge, chattel mortgage, After-acquired property, Blanket Lien, Warehouse receipt

Floating Lien

A 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.