Asset cover: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Classify page.)
imported>Doug Williamson
(Mend link.)
 
(One intermediate revision by the same user not shown)
Line 6: Line 6:
== 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.


See also