Ratio covenant and Ratio decidendi: Difference between pages

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imported>Doug Williamson
(Simplify to remove reference to "balance", and categorise page further.)
 
imported>Administrator
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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.
''Law''. 
The underlying principle of law in a particular legal case or other legal decision.


Often abbreviated in discussions between lawyers to 'ratio'.


== See also ==
== See also ==
* [[Loan agreement]]
* [[Judicial precedent]]
* [[Obiter dicta]]


[[Category:Treasury_operations_infrastructure]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Revision as of 14:20, 23 October 2012

Law. The underlying principle of law in a particular legal case or other legal decision.

Often abbreviated in discussions between lawyers to 'ratio'.

See also