Asset cover: Difference between revisions
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imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Mend link.) |
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== See also == | == See also == | ||
* [[Covenant]] | * [[Covenant]] | ||
* [[Debt]] | |||
* [[Security]] | * [[Security]] | ||
* [[Tangible asset]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] |
Latest revision as of 07:09, 14 April 2022
A ratio of tangible assets to debt.
Loan covenants often require a minimum asset cover to protect the lender's security.