A floating lien "floats" with an item of property,such as a specific piece of inventory,as its ownership transfers from seller to buyer.

Name: A floating lien "floats" with an item of property,such as a specific piece of inventory,as its ownership transfers from seller to buyer.
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A floating lien is a security interest in a group of assets that may change over time, such as inventory or accounts receivable, rather than a specific item.

A Floating Lien "Floats" with an Item of Property,such as a Specific