Mining finance glossaryCovenantIn French: covenant A condition in a loan or bond that protects lenders, such as a maximum net leverage ratio. Where the course uses itModule 7: Funding a projectLecture 4: The balance sheetLecture 12: Leveraged buyoutsLecture 13: Raising capital: equity and debt markets Related termsLeverage ratio Practise with flashcardsAll terms Previous: Core shedNext: Credit spread