A type of security interest that does not attach to a single piece of property but also covers after-acquired property and future advances is known as a:

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A floating lien grants the creditor a security interest in a particular type of collateral, such as inventory, but the specific assets that comprise the collateral are subject to change over time. The lien "floats" over the collateral, attaching to whatever assets the debtor owns at the time the creditor seeks to enforce its security interest. This type of lien often covers after-acquired property or future advances, making it a flexible tool for secured financing.

A Type of Security Interest That Does Not Attach to a Single