A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
In general usage a word synonymous with the word agreement. More specifically, it refers to loan agreements which dictate how borrowers can operate. For example, a covenant may require the borrower to submit regular financial statements to the lender or it may prohibit the borrower from taking on new debt. If there is a breach of covenant it may mean that the whole debt is immediately due.