Meaning AFFIRMATIVE COVENANT: A bond covenant that specifies certain actions the firm must take
More terms such as Affirmative covenant in Dictionary A.
- Definition Acid Test Ratio:
- Examples Also called the quick ratio, the ratio of current assets minus inventories, accruals, and prepaid items to current liabilities affirmative covenant definition.
- Definition Annual Percentage Yield (APY):
- Examples true, annual rate of return. The APY is the rate actually earned or paid in one year, taking into account the effect of compounding. The APY is calculated by taking one plus the periodic rate and affirmative covenant explain.
- Definition After-Tax Profit Margin:
- Examples The ratio of net income to net sales affirmative covenant what is.
- Definition Accounting Earnings:
- Examples Earnings of a firm as reported on its income statement affirmative covenant meaning.
- Definition Automatic Withdrawal:
- Examples A mutual fund that gives shareholders the right to receive a fixed payment from dividends on a quarterly or monthly basis affirmative covenant abbreviation.
