On The System Of Floating Charges

"Floating Charge"came from Common Law Legal System. As the latest type in Security interest, floating charge came along with the economic development. A obligor can hypothecate his property, which can even be concluded to obtain in future, and has the right to dispose of property within a certain scope. It is considered as the most comprehensive of the most convenient system of Security interests. In order to provide a financing way, it has been legalized in China Property Law.Floating Charge is discussed systemically in comparative and diachronic study method with the latest legislation to arouse more attention and encourage theoretic and practical solutions to the problems.In the first part of the dissertation, the foundation, development and transformation of Floating Charge are introduced. The description on the definition and characteristic of floating charge are presented.In the next part, a new requirements structure of floating charge are put forward to after an overall review of legislation in various countries and regions, and its unique systematic material meaning from both the setting and actualizing is explored, Its advantages and deficiency is also indicated.In the last part of the dissertation, China use floating security system for reference is introduced. The floating charges provision in the Property Law is analyzed. Some related issues to improve our system of floating charges are discussed, and specific ideas and proposal is envisaged.