Prior charge capital意思

"Prior charge capital" is a term that is not commonly used in finance or accounting, and it's not a standard term in financial literature. However, based on the context in which it might be used, it could refer to the capital or equity that has been previously invested in a company or project, and which has been used to secure loans or financial obligations by creating a charge or lien on the assets of the company.

In finance and accounting, a "charge" typically refers to a claim or a lien on assets, usually created by a lender as security for a loan. When a company takes a loan, it may use its assets as collateral, creating a charge on those assets. The term "prior charge" could imply that this charge has priority over other claims or liens on the assets, meaning that in the event of liquidation or bankruptcy, the lender with the prior charge would be paid before other creditors.

"Capital" in this context would likely refer to the funds or equity invested in the company by its owners or shareholders. If the term "prior charge capital" is used in a legal or financial document, it might be specifying that the capital or equity has been used to create a charge on the assets of the company, and that this charge has a higher priority than other charges or claims.

However, without a specific legal or financial document to refer to, it's difficult to provide an exact definition. It's always best to look at the context in which the term is used to understand its precise meaning. If you have any specific documents or context in which "prior charge capital" is used, please provide more details for a more accurate interpretation.