Meaning BOND COVENANT: A contractual provision in a bond indenture. A positive covenant requires certain actions, and a negative covenant limits certain actions
More terms such as Bond covenant in Dictionary B.
- Definition Builder Buydown Loan:
- Examples newly developed property that the builder subsidizes during the early years of the development. The builder uses cash to buy down the mortgage rate to a lower level than the prevailing market loan bond covenant definition.
- Definition Bond Points:
- Examples A conventional unit of measure for bond prices set at $1 and equivalent to 1% of the $100 face value of the bond. A price of 80 means that the bond is selling at 80% of its face or par value bond covenant explain.
- Definition "Back Up The Truck":
- Examples In the context of general equities, Prepare for a very large buyer bond covenant what is.
- Definition Break-Even Tax Rate:
- Examples The tax rate at which a party to a prospective transaction is indifferent between entering into and not entering into the transaction bond covenant meaning.
- Definition Board Broker:
- Examples Employee of the Chicago Board Options Exchange who manages away from the market orders, which cannot be executed immediately bond covenant abbreviation.
