LISTED BOND is a bond traded on a major exchange.
LOAN COVENANT is a legally enforceable promise or restriction in a mortgage. For example, the borrower may covenant to keep the property in good repair and adequately insured against fire and other casualties. A breach of covenant in a mortgage usually creates a default, defined by the mortgage, and can be the basis for foreclosure.
MAJORITY INTEREST is an ownership interest greater than fifty percent (50%) of the voting interest in a business enterprise.
Enter a term, then click the entry you would like to view.