A floating lien is a security interest retained in collateral that may actually change like when inventory turns over.

Name: A floating lien is a security interest retained in collateral that may actually change like when inventory turns over.
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A floating lien is a type of security interest that applies to a group of assets that may change over time, such as inventory, allowing the borrower to use or sell the assets in the normal course of business.

A Floating Lien Is a Security Interest Retained in Collateral