Meaning POSITIVE COVENANT (OF A BOND): A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant
More terms such as Positive covenant (of a bond) in Dictionary P.
- Definition Player:
- Examples Used in the context of general equities. Customer or trader who is actively involved in a particular stock or the market in general positive covenant (of a bond) definition.
- Definition Purchase:
- Examples Buy; be long; have an ownership position positive covenant (of a bond) explain.
- Definition Pro Forma Financial Statements:
- Examples A firm's financial statements as adjusted to reflect a projected or planned transaction. What-if" analysis positive covenant (of a bond) what is.
- Definition Pension Parachute:
- Examples pill providing that in the event of a hostile takeover attempt, any excess pension plan assets can be used to benefit pension plan participants. This prevents the raiding firm from using the pension positive covenant (of a bond) meaning.
- Definition Privatization:
- Examples The transfer of government-owned or government-run companies to the private sector, usually by selling them positive covenant (of a bond) abbreviation.