What is Prime Security and Collateral Security?
To obtain a Bank Loan borrower has to put some assets as security against the loan amount. Security protects lenders …
Accounts & Finance
What is Fixed Charges and Floating Charges?
General Concept of “Charges“ Fixed Charges and Floating charges are used by the lender to secure the fund of lender …
Pari-Passu Charge: Definition, Merits, Example.
Topic Overview Pari passu charged is used in case of consortium/syndicated loan Usually two or more than two banks are …