FT MarketWatch

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. also called restrictive Covenant.

Related Terms: 11 Borrow, Call, Contract, Covenant, FRA, Impose, Lend, Lender, Owe, Party, Restrictive covenant
Other Related Pages: Category: Lending_and_Credit Starting With: C
Additional Related Terms: 10-Q, Above par, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, All-risks coverage, At risk