Covenant Violation

One concept. Four tiers of command. Which do you speak?

Category: Negotiation

Foundational Lexiconbreaking loan rules
Executive Parlancecredit agreement breach
Scholarly Discoursefinancial covenant default
Babel ZenithTechnical Default
Origin: Debt Finance

Etymology & Meaning

Violating the terms of a lending agreement.

In the Boardroom

Negotiating with lenders after tripping a leverage covenant.

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