Advertising

Standard debt provisions

• Provisions in long-term debt agreements specifying certain criteria of satisfactory record keeping and reporting, tax payment, and general business maintenance on the part of the borrowing firm; normally, they do not place a burden on the financially sound business.

 
 

Follow this link for all the terms related to debt.

 
 Embedded terms in definition
 Debt
Firm
 
 Related Terms
 

<< Standard & poor's financial strength Standard deviation >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

All the adversity I've had in my life, all my troubles and obstacles, have strengthened me. . . . You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you. - Walt(er) Elias Disney

Advertising



Copyright 2009-2016 GVC. All rights reserved.