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Limitation on merger, consolidation, or sale

• A bond covenant that restricts in some way a firm's ability to merge or consolidate with another firm.

 
 Embedded terms in definition
 Bond covenant
Bond
Firm
 
 Related Terms
 

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

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