asset coverage - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “asset coverage”

asset coverage

noun [U]
 
 
ACCOUNTING, FINANCE a measure used by investment funds (= companies that make money by investing in shares, etc.) that shows the amount of their invested assets in relation to their payments to investors: The market conditions may change and the fund might not meet its asset coverage requirements.
(Definition of asset coverage from the Cambridge Business English Dictionary © Cambridge University Press)
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