- positive covenant
- (of a bond)A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant. Bloomberg Financial Dictionary
Financial and business terms. 2012.
positive covenant
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Positive covenant (of a bond) — A bond covenant that specifies certain actions the firm must take. Also called and affirmative covenant. The New York Times Financial Glossary … Financial and business terms
covenant — /ˈkʌvənənt / (say kuvuhnuhnt) noun 1. an agreement between two or more persons to do or refrain from doing some act; a compact; a contract. 2. an incidental clause of agreement in such an agreement. 3. (in biblical usage) the agreement or… …
covenant — cov·e·nant / kə və nənt/ n 1: an official agreement or compact an international covenant on human rights 2 a: a contract in its entirety or a promise within a contract for the performance or nonperformance of a particular act a covenant not to… … Law dictionary
Covenant running with the land — A covenant running with the land, is a real covenant, in the law of real property. It is a nonpossessory interest in land in one form as an agreement between adjoining landowners to do something (affirmative covenant) or to refrain from doing… … Wikipedia
Covenant (law) — Property law Part of … Wikipedia
Covenant theology — This article is about Calvinist theological framework. For Covenantal Theology in the Roman Catholic perspective, see Covenantal Theology (Roman Catholic). For the religious and political movement in Scotland, see Covenanters. Calvinism John… … Wikipedia
covenant — covenantal /kuv euh nan tl/, adj. /kuv euh neuhnt/, n. 1. an agreement, usually formal, between two or more persons to do or not do something specified. 2. Law. an incidental clause in such an agreement. 3. Eccles. a solemn agreement between the… … Universalium
Covenant-breaker — Bahá í Faith Central figures Bahá u lláh The Báb · Abdu l Bahá Key scriptur … Wikipedia
Covenant (band) — This article is about the Swedish electronic music group. For the Norwegian metal band, see The Kovenant. Covenant Covenant performing live at Amphi Festival in 2011 Background information … Wikipedia
covenant — An agreed action to be undertaken ( Positive) or not done ( Negative). A breach of a covenant is a default. Bloomberg Financial Dictionary A stipulation in a loan agreement which restricts the borrower s freedom of action while the loan is… … Financial and business terms
