Meaning INTEREST COVERAGE TEST: A debt limitation that prohibits the issuance of additional long-term debt if the issuer's interest coverage would, as a result of the issue, fall below some specified minimum
More terms such as Interest coverage test in Dictionary I.
- Definition Investment Strategy Committee:
- Examples A committee within a brokerage firm that conducts research and makes recommendations on the firm's stated investment strategy interest coverage test definition.
- Definition Issue:
- Examples A particular financial asset interest coverage test explain.
- Definition International Banking Facility (IBF):
- Examples A branch that an American bank establishes in the United States to do Eurocurrency business interest coverage test what is.
- Definition Indirect Quote:
- Examples For foreign exchange, the number of units of a foreign currency needed to buy one U.S. dollar interest coverage test meaning.
- Definition Intercompany Loan:
- Examples Loan made by one unit of a corporation to another unit of the same corporation interest coverage test abbreviation.
