ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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REAL ESTATE Definition
REAL ESTATE see REAL PROPERTY.
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NEGATIVE PLEDGE CLAUSE is a covenant or promise in an indenture agreement that states the corporation will not pledge any of its assets if doing so would result in less security to the debt holders covered under the indenture agreement. Also called covenant of equal coverage.
FINANCIAL BUDGET is focused on capital expenditures and on a business's budgeted cash position: