Ratio analysis and Ratio covenant: Difference between pages
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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 balance or other financial ratios. | |||
== See also == | == See also == | ||
* [[ | * [[Loan agreement]] | ||
Revision as of 14:20, 23 October 2012
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 balance or other financial ratios.
See also