(Difference between pages)
imported>Martin ODonovan |
imported>Administrator |
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| 1. A formal legal agreement to take, or not to take, certain actions.
| | Days Receivables Outstanding. The same as Days sales outstanding. |
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| 2. In loan documentation, a promise given by the borrower to take, or not to take, relevant actions.<ref>http://www.treasurers.org/node/8842</ref> For example, a ''financial covenant'' to maintain a minimum ratio of net worth to debt.
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| 3. In relation to pension funds, the credit strength of the sponsoring employer and its commitment to the pension fund.
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| == See also == | | == See also == |
| * [[Accounting exposure]] | | * [[Days sales outstanding ]] |
| * [[Asset cover]]
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| * [[Event of default]]
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| * [[Financial covenant]]
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| * [[Incurrence covenant]]
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| * [[Interest cover]]
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| * [[Loan agreement]]
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| * [[Maintenance covenant]]
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| * [[Net worth]]
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| * [[Restrictive covenant]]
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| * [[Waiver]]
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| ==References==
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| <references />
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Revision as of 14:19, 23 October 2012
Days Receivables Outstanding. The same as Days sales outstanding.
See also