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单词 covenant
释义
covenant
(kʌvənənt )
Word forms: covenants
1. countable noun
A covenant is a formal written agreement between two or more people or groups of people which is recognized in law.
...the International Covenant on Civil and Political Rights.
2. countable noun [oft by NOUN]
A covenant is a formal written promise to pay a sum of money each year for a fixed period, especially to a charity. [mainly British]
If you make gifts through a covenant, you can reclaim the tax which was already paid on this money.
regional note:   in AM, usually use pledge
Synonyms: deed, contract, bond  
Collocations:
loan covenant
A loan covenant breach almost always requires refinancing or a sale.
Times, Sunday Times
A big loan covenant was breached as the oil price plummeted from $140 a barrel to $33 in six months.
Times, Sunday Times
A plunge in the oil price triggered a loan covenant, giving the banks an excuse to pounce.
Times, Sunday Times
Currently the pubcos cannot change lease terms because of loan covenants.
Times, Sunday Times
Keep in mind that many loan covenants are based on the results of key debt ratios.
Christianity Today
Translations:
Chinese: 契约
Japanese: 契約
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更新时间:2024/11/15 12:40:47