charge In property law a charge is a form of security for the payment of a debt or performance of a obligation, consisting of the right of a creditor to receive payment out of some specific fund or out of the proceeds of the realisation of specific property. The fund or property charges capable of subsisting at law are: (Da rentcharge in possession charged on land, being either perpetual or for a term of years absolute; (2) a charge by way of legal mortgage; (3) tithe rentcharge annuities or similar charge on land not created by an instrument (Law of Property Act 1925 (UK), s.l (2)). In criminal law a charge is an accusation; a charge to a jury is the address of the presiding judge with regard to the duties of the jury.
See Also: Statutory Definition