Limitation on sale and leaseback

• A bond covenant that restricts in some way a firm's ability to enter into sale and lease-back transactions.

 Embedded terms in definition
 Bond covenant
 Related Terms

<< Limitation on merger, consolidation, or sale Limitation on subsidiary borrowing >>

"Green" Banking: Saving the Environment as You Save and Borrow Money: You're probably already recycling paper, glass and plastic. But did you know you also may be able to help save the environment as you do your banking? Here are options that may be available from your bank. More...

Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it's amazing what they can accomplish. - Sam Walton


Copyright 2009-2019 GVC. All rights reserved.