incurrence
11maintenance test — USA A financial ratio test for covenant compliance that needs to be met at regular intervals (such as quarterly or the end of each fiscal quarter). For example, the borrower may be required to maintain a leverage ratio of less than 3.0:1.0. The… …
12covenant-lite — USA A type of loan facility which has less financial covenant restrictions than is ordinarily required. Covenant lite loan facilities take various forms but may be broadly characterized as senior syndicated leveraged loan facilities with the… …
13liable — adjective Etymology: Middle English lyable, from Anglo French *liable, from lier to bind, from Latin ligare more at ligature Date: 15th century 1. a. obligated according to law or equity ; responsible b. subject to appropriation or attachment 2.… …
14Reserved cases — is a term of Catholic doctrine, used for sins whose absolution is not within the power of every confessor, but is reserved to himself by the superior of the confessor, or only specially granted to some other confessor by that superior. To reserve …
15Reserved Cases — • A term used for sins whose absolution is not within the power of every confessor Catholic Encyclopedia. Kevin Knight. 2006. Reserved Cases Reserved Cases …
16Default (finance) — Finance Financial markets Bond market …
17Tax deduction — This article is about the deduction of expenses for the purpose of calculating taxable income. For tax deducted at source, see Withholding tax. Taxation An aspect of fiscal policy …
18Income statement — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
19Vesting — In law, vesting is to give an immediately secured right of present or future enjoyment. One has a vested right to an asset that cannot be taken away by any third party, even though one may not yet possess the asset. When the right, interest or… …
20Rendering (food processing) — Rendering is a process that converts waste animal tissue into stable, value added materials. Rendering can refer to any processing of animal byproducts into more useful materials, or more narrowly to the rendering of whole animal fatty tissue… …
