Meaning POSITIVE COVENANT (OF A BOND): A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant
More terms such as Positive covenant (of a bond) in Dictionary P.
- Definition Position Self:
- Examples Used in the context of general equities. Going long or short in anticipation of a stock's movement positive covenant (of a bond) definition.
- Definition Plus:
- Examples price in 64ths. Dealers in government bonds normally give price quotes in 32nds. To quote a bid or offer in 64ths, they use pluses; a dealer who bids 4+ is bidding the handle plus 4/32 + 1/64, which positive covenant (of a bond) explain.
- Definition Pure Discount Bond:
- Examples A bond that will make only one payment of principal and interest. Also called a zero-coupon bond or a single-payment bond positive covenant (of a bond) what is.
- Definition Profit:
- Examples Revenue minus cost. The amount one makes on a transaction positive covenant (of a bond) meaning.
- Definition Projection:
- Examples The use of econometric models to forecast the future performance of a company, country, or other financial entity using historical and current information positive covenant (of a bond) abbreviation.
