Ratio covenant: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Simplify to remove reference to "balance", and categorise page further.) |
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An undertaking given in a loan agreement by the borrower that it will operate its business within a financial constraint specified in the form of a financial ratio. | |||
An undertaking given in a loan agreement by the borrower that it will operate its business within a financial constraint specified in the form of | |||
== See also == | == See also == | ||
* [[Loan agreement]] | * [[Loan agreement]] | ||
[[Category:Treasury_operations_infrastructure]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
Latest revision as of 15:12, 12 January 2014
An undertaking given in a loan agreement by the borrower that it will operate its business within a financial constraint specified in the form of a financial ratio.
