Negative Covenant

Corporate Credit Analysis Glossary

A covenant prohibiting the borrower from taking specified actions; common negative covenants restrict additional debt, dividends, asset sales, fundamental changes, transactions with affiliates, and modifications to senior debt.

Sign up free — get all 126 Corporate Credit Analysis terms, flashcards & rank tracking →

More Corporate Credit Analysis terms

KomFi Academy — Stop doomscrolling. Get KomFi.

Turn wasted screen time into verifiable competence.

KomFi Academy is a curated training platform with 66,000+ practice questions, 25,000+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, SAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials