Limitation on sale-and-leaseback

A bond covenant that restricts in some way a firm's ability to enter into sale and lease-back transactions. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • limitation on sale-and-leaseback — A bond covenant that restricts in some way a firm s ability to enter into sale and leaseback transactions, financing techniques that could affect creditor thinness . Bloomberg Financial Dictionary …   Financial and business terms

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

  • Royalties — Not to be confused with Royal family. Royalty cheque. Royalties (sometimes, running royalties, or private sector taxes) are usage based payments made by one party (the licensee ) to another (the licensor ) for the right to ongoing use of an asset …   Wikipedia

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