Meaning INTEREST COVERAGE TEST: A debt limitation that prohibits the issuance of additional long-term debt if the issuer's interest coverage would, as a result of the issue, fall below some specified minimum
More terms such as Interest coverage test in Dictionary I.
- Definition Informationless Trades:
- Examples Trades that are the result of either a reallocation of wealth or an implementation of an investment strategy that acts only on existing information interest coverage test definition.
- Definition Initiate Coverage:
- Examples 1) Firm is now followed by analysts at a particular securities house; (2) Indication to cover short position by purchasing the underlying stock (this cancels out the short position interest coverage test explain.
- Definition Investor'S Equity:
- Examples The balance of a margin account. Related: Buying on margin, initial margin requirement interest coverage test what is.
- Definition Index Warrant:
- Examples A stock index option issued by either a corporate or a sovereign entity as part of a security offering, and guaranteed by an option clearing corporation interest coverage test meaning.
- Definition Incorporation:
- Examples A legal process through which a company receives a charter and the state in which it is based allows it to operate as a corporation interest coverage test abbreviation.
