The definitive text on floating charges by Scotland's leading experts The floating charge is vital to secured transactions in Scotland and plays a key role in access to finance and corporate insolvency. Bringing together leading commentators at the forefront of the topic, this book delivers wide-ranging coverage of the history, theory, practice, and potential reform of the floating charge. It presents diverse approaches, including examining floating charges from 'black letter', socio-legal, law and economics, and comparative perspectives.