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Meaning of covenant-lite | Babel Free

Noun CEFR C1

Definitions

A loan that has fewer restrictive covenants on it than a standard loan, so is potentially more risky for the lender.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

covenantalism covenantalist covenantality Covenanted covenanted servant Covenantee

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