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When a Borrower Violates a Loan Covenant That Requires Minimum

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When a borrower violates a loan covenant that requires minimum achievement of an accounting measure in the financial statements,the lender can


Definitions:

Point A

Typically used in graphical analysis to denote a specific point or position within a chart or graph.

Economic Capacity

The maximum output that an economy can produce without big increases in inflation, utilizing fully its resources.

Investment Goods

Long-term assets purchased for the purpose of generating income, including machinery, buildings, and equipment.

Economic Growth

The uptick in the true economic value of goods and services made by an economy, accounting for inflation, as time progresses.

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