covenant-lite

noun

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

Similar
cov-lite
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Meanings

nouncovenant-lite (plural covenant-lites)

plural covenant-lites

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

    Synonyms: cov-lite

Synonyms & antonyms

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

Similar
cov-lite
Cite this entry
APA

covenant-lite. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/covenant-lite

MLA

“covenant-lite.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/covenant-lite. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “covenant-lite,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/covenant-lite.

Source: covenant-lite on Wiktionary, CC BY-SA 4.0.