ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
BOND COVENANT Definition
BOND COVENANT are agreements within a bond that can either be negative or positive in the view of the bondholder, e.g., a negative bond covenant is a bond covenant that prevents certain activities unless agreed to by the bondholders.
Learn new Accounting Terms
PURCHASE DISCOUNT is a reduction in the purchase price, allowed if payment is made within a specified period.
LT is Latest Time.