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 Auction Rate Preferred Stock (ARPS):
- Examples Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction asset-coverage test definition.
- Definition Average Cost Of Capital:
- Examples required payout to bondholders and stockholders expressed as a percentage of capital contributed to the firm. Average cost of capital is computed by dividing the total required cost of capital by the asset-coverage test explain.
- Definition Accounting Earnings:
- Examples Earnings of a firm as reported on its income statement asset-coverage test what is.
- Definition Assets Requirements:
- Examples A common element of a financial plan that describes projected capital spending and the proposed uses of net working capital asset-coverage test meaning.
- Definition Automated Order System (AOS):
- Examples Investment banks, computerized order entry system that sends single order entries to DOT (Odd-Lot) or to investment banks, floor brokers on the exchange. See: Round lot, GTC orders asset-coverage test abbreviation.
