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Positive covenant (of a bond) |
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Positive covenant (of a bond)A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant.Positive covenant (of a bond) Similar MatchesExtraordinary positive valueExtraordinary positive valueA positive net present value. Positive carryPositive carryRelated: Net financing cost Positive listPositive listIn an international agreement, a list of those items, entities, products, etc. to which the agreement will apply, with no commitment to apply the agreement to anything else. Contrasts with negative list. Positive yield curvePositive yield curveWhen long-term debt long-term debt are higher than short-term debt rates (because of the increased long-term debt involved with long-term debt long-term debt). Positive floatPositive floatSee: Float Further SuggestionsPositive Sum RelationshipPositive convexity Positive externality Positive |
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