Glossary entry (derived from question below)
English term or phrase:
covenant-lite loan
Latvian translation:
kredīts ar minimāliem ierobežojumiem
Added to glossary by
Jānis Greivuls
Nov 16, 2009 16:10
14 yrs ago
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English term
covenant-lite loan
English to Latvian
Bus/Financial
Finance (general)
A type of loan whereby financing is given with limited restrictions on the debt-service capabilities of the borrower. The issuance of covenant-lite loans means that debt is being issued, both personally and commercially, to borrowers with less restrictions on collateral, payment terms, and level of income.
Proposed translations
(Latvian)
| 3 | kredīts ar minimāliem ierobežojumiem |
Jānis Greivuls
|
Change log
Nov 25, 2009 08:35: Jānis Greivuls Created KOG entry
Proposed translations
32 mins
Jānis Greivuls
Latvia
Latvia
Native in Latvian
Specializes in field
Latvia
..sometimes words have two meanings..
Native in: Latvian 
, Russian
Works in: English to Latvian, English to Russian, Latvian to English, and 4 more.
Related KudoZ points
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96
Selected
kredīts ar minimāliem ierobežojumiem
Angliskā definīcija: A loan with very light covenants or no covenants at all. (http://www.vernimmen.com/html/glossary/definition_covenant-l...
Latviski, šķiet, nav izveidojusies vienota definīcija, kam par iemeslu visdrīzāk kalpo salīdzinoši nesenā šī finanšu instrumenta izveide, ko apstiprina tajā pašā vārdnīcā piezīmētais: "Their development usually goes in hand with increase leverage and an overheating of the loan markets as in 2007".
Latviski, šķiet, nav izveidojusies vienota definīcija, kam par iemeslu visdrīzāk kalpo salīdzinoši nesenā šī finanšu instrumenta izveide, ko apstiprina tajā pašā vārdnīcā piezīmētais: "Their development usually goes in hand with increase leverage and an overheating of the loan markets as in 2007".
4 KudoZ points awarded for this answer.
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