clause pledge negative what is
Meaning of Negative pledge clause explanation. What is a lien equivalent to any liens that may be.

Helpful?

Negative pledge clause definition

Meaning NEGATIVE PLEDGE CLAUSE: A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders

More terms such as Negative pledge clause in Dictionary N.

Definition Nonmarketed Claims:
Examples Claims that cannot be easily bought and sold in the financial markets, such as those of the government and litigants in lawsuits negative pledge clause definition.
Definition Nonparallel Shift In The Yield Curve:
Examples A shift in the yield curve in which yields do not change by the same number of basis points for every maturity. Related: Parallel shift in the yield curve negative pledge clause explain.
Definition Negative Convexity:
Examples characteristic such that the price appreciation will be less than the price depreciation for a large change in yield of a given number of basis points. For example, a fixed-rate mortgage may lose negative pledge clause what is.
Definition National Debt:
Examples Treasury bills, notes, bonds, and other debt obligations that constitute the debt owed by the federal government negative pledge clause meaning.
Definition Nonmember Firm:
Examples equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, or on regional exchanges where they are members, or in negative pledge clause abbreviation.
  • Dodano:
  • Autor: