Meaning LIMITATION ON SUBSIDIARY BORROWING: A bond covenant that restricts in some way a firm's ability to borrow at the level of firm subsidiary
More terms such as Limitation on subsidiary borrowing in Dictionary L.
- Definition Lender Of Last Resort:
- Examples Traditionally the Federal Reserve Bank in the U.S., which assists banks that face large withdrawals of funds and in so doing stabilizes the banking system limitation on subsidiary borrowing definition.
- Definition Level Debt Service:
- Examples A municipal charter provision that debt payments must be relatively equal from year to year so that required revenue projections are easier limitation on subsidiary borrowing explain.
- Definition Long-Term Investor:
- Examples A person who makes investments for a period of at least five years in order to finance his or her long-term goals limitation on subsidiary borrowing what is.
- Definition Load Spread Option:
- Examples A method of allocating the annual sales charge on load funds, often through percentage deductions from a customer's periodic fixed payments limitation on subsidiary borrowing meaning.
- Definition Leveraged Portfolio:
- Examples A portfolio that includes risky assets purchased with funds borrowed limitation on subsidiary borrowing abbreviation.
