LEVERAGE HYPOTHESIS Definition

Bookmark and Share

LEVERAGE HYPOTHESIS is the theory that managers have incentive to avoid technical default of loan covenants because it could result in increases in the firm's cost of capital.

Learn new Accounting Terms

PFENNIG is a currency of Germany.

SWIFT CODE, within the context of international payment transactions, is a code issued by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) that enables banks worldwide to be identified without the need to specify an address or bank number. SWIFT codes are used mainly for automatic payment transactions.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.