English Dictionary

negative pledge

名詞

(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).

日本語の意味

（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。

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.

貸し手は、会社が清算された場合に他の債権者が弁済で優先されることがないように、ローン契約に無担保の担保設定禁止条項を要求した。

意味（1）

(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).

negative pledges （ plural ）