Home > Term: asset-coverage test
asset-coverage test
A bond indenture restriction that permits additional borrowing if the ratio of assets to debt does not fall below a specified minimum.
- Vārdšķira: noun
- Nozare/domēns: Financial services
- Category: General Finance
- Company: Bloomberg
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Autors
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
