Translation of "negative pledge" into Irish

gealltán diúltach is the translation of "negative pledge" into Irish.

negative pledge noun grammar

(finance) A type of loan or loan condition in which the borrower agrees with the lender not to allow any other lender or creditor to rank ahead for payment in the event of a liquidation. Such a loan is unsecured (ie. not backed by a charge over specific assets). Hailed as a great innovation when developed in the 1970s, but by the end of the 1980s had become a dirty word. [..]

+ Add

English-Irish dictionary

  • gealltán diúltach

  • Show algorithmically generated translations

Automatic translations of "negative pledge" into Irish

  • Glosbe

    Glosbe Translate
  • Google

    Google Translate
Add

Translations of "negative pledge" into Irish in sentences, translation memory