Meaning of “deed of covenant” in the English Dictionary

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"deed of covenant" in Business English

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deed of covenantnoun [ C ]

uk us plural deeds of covenant

LAW in the UK, a legal document in which a person or organization promises to pay a certain sum of money regularly to another person or organization over a fixed period of time:

And if you give to charity, use a deed of covenant or Gift Aid so that your favourite cause can claim the tax back.

(Definition of “deed of covenant” from the Cambridge Business English Dictionary © Cambridge University Press)