Ratio covenant: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13) |
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 | 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. | ||
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* [[Loan agreement]] | * [[Loan agreement]] | ||
[[Category: | [[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.
