Advertising

Limitation on liens

• A bond covenant that restricts in some way a firm's ability to grant liens on its assets.

 
 Embedded terms in definition
 Assets
Bond covenant
Bond
Its
 
 Related Terms
 

<< Limitation on asset dispositions Limitation on merger, consolidation, or sale >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

A true friend is one who overlooks your failures and tolerates your successes. - Doug Larson

Advertising



Copyright 2009-2018 GVC. All rights reserved.