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 >>

How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish. - John Quincy Adams

Advertising



Copyright ©2009-2017 GVC. All rights reserved.