Asset cover: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson (Layout.) |
||
| Line 1: | Line 1: | ||
A ratio of tangible assets to debt. Loan covenants often require a minimum asset cover to protect the lender's security. | A ratio of tangible assets to debt. | ||
Loan covenants often require a minimum asset cover to protect the lender's security. | |||
== See also == | == See also == | ||
* [[Covenant]] | * [[Covenant]] | ||
Revision as of 22:00, 28 April 2016
A ratio of tangible assets to debt.
Loan covenants often require a minimum asset cover to protect the lender's security.
