covenant-lite

noun

Definitions

  1. A loan that has fewer restrictive covenants on it than a standard loan, so is potentially…

    A loan that has fewer restrictive covenants on it than a standard loan, so is potentially more risky for the lender.

The neighborhood

Vish — recursive loop

No curated loop yet for covenant-lite. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA