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Asset coverage test

• A bond indenture restriction that permits additional borrowing on if the ratio of assets to debt does not fall below a specified minimum.

 
 

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 Assets
Bond indenture
Bond
Debt
Indenture
 
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Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...

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