A floating charge v. Fixed charge.

A floating charge refers the charge created in respect of circulating assets; example: Cash or Stock in trade. Attachment cannot be made in respect of circulating assets until crystallization i.e. until some events (e.g. winding up) causes it to become fixed.

Fixed charge;

Fixed Charges is charge attached to a specific item of property e.g. land. In other words it is a charge on specific property.