|
 |
Investing Glossary:
Covenants
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- C -
| Term: |
|
| Definition: |
| Provisions in a Bond indenture or Preferred stock agreement that require the bond or preferred stock Issuer to Take certain specified actions (affirmative covenants) or to refrain from taking certain specified actions (negative covenants).
|
|
|
|  |
|