BOND COVENANT
bond covenant.A bond-indenture provision that protects bondholders by specifying what the issuer may or may not do, as by prohibiting the issuer from issuing more debt. See BOND INDENTURE(1). [Blacks Law 8th]
bond covenant.A bond-indenture provision that protects bondholders by specifying what the issuer may or may not do, as by prohibiting the issuer from issuing more debt. See BOND INDENTURE(1). [Blacks Law 8th]