Synonyms for covenant-lite
- noun
Most common
Definitions
- n. 1
A loan that has fewer restrictive covenants on it than a standard loan, so is potentially more risky for the lender.
Forms
- Plural
- covenant-lites → cov-lites…
A loan that has fewer restrictive covenants on it than a standard loan, so is potentially more risky for the lender.