Bond covenant


 

Home
Site Map
Add Term
Search
About Us
Contributors

Bond covenant

A contractual provision in a bond indenture. A positive covenant requires certain actions, and a negative covenant limits certain actions.



Bond covenant

Similar Matches

Positive covenant (of a bond)

Positive covenant (of a bond)

A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant.


Covenants

Covenants

Provisions in a bond indenture or preferred stock agreement that require the bond or preferred stock issuer to take certain specified actions (affirmative covenants) or to refrain from taking certain specified actions (negative covenants).


Affirmative covenant

Affirmative covenant

A bond covenant that specifies certain actions the firm must take.


Covenant

Covenant

A formal agreement made in a deed.


Restrictive covenants

Restrictive covenants

Provisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends.


Further Suggestions

Breach of covenant
Negative covenant
Deed of covenant
Rate covenant
deed of covenant
CC and Rs (Covenants, Conditions and Restrictions)


 
All rights Reserved. Do not copy without permission.