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 >>

Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...

Change before you have to. - Jack Welch

Advertising



Copyright 2009-2018 GVC. All rights reserved.