Last Updated
：2025/11/22
negative pledge
Noun
Japanese Meaning
（金融）借り手が、破産や清算時に他の貸し手や債権者に対して優先的な支払い順位を認めないことを約束する契約条項。具体的には、無担保融資において、この条項により、他の債権者に対して劣後する形となる。
（ plural ）
Quizzes for review
(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).
音声機能が動作しない場合はこちらをご確認ください
See correct answer
negative pledge
The lender required a negative pledge in the loan agreement to ensure no other creditor could obtain priority over repayment if the company were liquidated.
See correct answer
The lender required a negative pledge in the loan agreement to ensure no other creditor could obtain priority over repayment if the company were liquidated.
音声機能が動作しない場合はこちらをご確認ください
English - English
Word Edit Setting
- Users who have edit permission for words - All Users
- Screen new word creation
- Screen word edits
- Screen word deletion
- Screen the creation of new headword that may be duplicates
- Screen changing entry name
- Users authorized to vote on judging - Editor
- Number of votes required for decision - 1
Sentence Edit Setting
- Users who have edit permission for sentences - All Users
- Screen sentence deletion
- Users authorized to vote on judging - Editor
- Number of votes required for decision - 1
Quiz Edit Setting
- Users who have edit permission for quizzes - All Users
- Users authorized to vote on judging - Editor
- Number of votes required for decision - 1
