Advertising

Negative covenant

• A bond covenant that limits or prohibits altogether certain actions unless the bondholders agree.

 
 Embedded terms in definition
 Bond covenant
Bond
 
 Related Terms
 Affirmative covenant
Bond covenant
Negative amortization
Negative carry
Negative convexity
Negative duration
Negative leverage
Negative pledge clause
Negative yield curve
Positive covenant of a bond
Protective covenant

<< Negative convexity Negative duration >>

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...

All the adversity I've had in my life, all my troubles and obstacles, have strengthened me. . . . You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you. - Walt(er) Elias Disney

Advertising



Copyright 2009-2018 GVC. All rights reserved.