Meaning ASSET-COVERAGE TEST: A bond indenture restriction that permits additional borrowing if the ratio of assets to debt does not fall below a specified minimum
More terms such as Asset-coverage test in Dictionary A.
- Definition Advisory Letter:
- Examples A newsletter offering financial advice to its readers asset-coverage test definition.
- Definition Annuity Factor:
- Examples Present value of $1 paid for each of t periods asset-coverage test explain.
- Definition Autocorrelation:
- Examples The correlation of a variable with itself over successive time intervals. Sometimes called serial correlation asset-coverage test what is.
- Definition A-D:
- Examples measurement of the number of issues trading above their previous closing prices less the number trading below their previous closing prices over a particular period. As a technical measure of market asset-coverage test meaning.
- Definition Acid Test Ratio:
- Examples Also called the quick ratio, the ratio of current assets minus inventories, accruals, and prepaid items to current liabilities asset-coverage test abbreviation.
