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...

Leaders aren't born, they are made. And they are made just like anything else, through hard work. And that's the price we'll have to pay to achieve that goal, or any goal. - Vincent Thomas "Vince" Lombardi

Advertising



Copyright 2009-2019 GVC. All rights reserved.