FT MarketWatch

Restrictive covenant

A clause in a Contract that requires one Party to do, or refrain from doing, certain things. Often, a restriction on a borrower imposed by a Lender. also called Covenant.

Related Terms: 10 Borrow, Call, Contract, Covenant, FRA, Impose, Lend, Lender, Owe, Party
Other Related Pages: Category: Lending_and_Credit Starting With: R
Semi Related Terms: 367 CLICK HERE TO VIEW