Negative Pledge
From Open Risk Manual
Definition
Negative Pledge. A guaranty whereby the issuer will not pledge any assets if doing so would result in less security for lender(s) or investor(s)
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Negative Pledge"
IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/Guaranty/index-en.html + |