Accounting dictionary. 2014.
ratio covenant — A form of covenant in a loan agreement that includes conditions relating to such ratios as the gearing ratio and interest cover Breaching such a covenant could indicate significant deterioration in the company s business or a major change in its… … Big dictionary of business and management
non-ratio covenant — A form of covenant in a loan agreement that includes conditions relating to the payment of dividends, the granting of guarantees, disposal of assets, change of ownership, and a negative pledge. Breaching such a covenant will usually empower the… … Accounting dictionary
covenant — 1) A promise made in a deed, which may or may not be under seal. Such a promise can be enforced by the parties to it as a contract, even if the promise is gratuitous: for example, if A covenants to pay B £100 per month, B can enforce this promise … Big dictionary of business and management
covenant-lite — USA A type of loan facility which has less financial covenant restrictions than is ordinarily required. Covenant lite loan facilities take various forms but may be broadly characterized as senior syndicated leveraged loan facilities with the… … Law dictionary
Covenant College — This article is about the American tertiary institution. For other uses, see Covenant College (disambiguation). Covenant College Motto In All Things Christ Preeminent Established 1955 … Wikipedia
covenant — 1) A promise made in a deed, which may or may not be under seal. Such a promise can be enforced by the parties to it as a contract, even if the promise is gratuitous: for example, if A covenants to pay B £100 per month, B can enforce this promise … Accounting dictionary
Colleyville Covenant Christian Academy — Covenant Christian Academy Location Colleyville, Texas, United States Information Type Christian, Classical, College Preparatory School Religious affiliation(s) Non denominational Established … Wikipedia
Debt service coverage ratio — The debt service coverage ratio (DSCR), also known as debt coverage ratio, is the ratio of cash available for debt servicing to interest, principal and lease payments. It is a popular benchmark used in the measurement of an entity s (person or… … Wikipedia
The Covenant School — Infobox Private School name = The Covenant School established = 1985 type = Privatereligious affiliation = Judeo Christian head name = Headmaster head =Dr. Ron Sykes city = Charlottesville state = VA country = USA campus = City, 2 buildings… … Wikipedia
Total Asset-To-Capital Ratio - TAC — A leverage covenant placed on Canadian Institutions regulated by the Office of the Superintendent of Financial Institutions (OSFI). The total asset to capital ratio is computed by taking the total assets divided by capital. It is not a risk… … Investment dictionary
