HomeDefinitionsCompareDebt CoverThe financial definition for Cover:The purchase of a contract to offset a previously established short position. Similar MatchesAccelerated cost recovery system (ACRS)Accelerated cost recovery system (ACRS)Schedule of depreciation rates allowed for tax purposes. Adequacy of coverageAdequacy of coverageA test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging. Asset coverage testAsset coverage testA bond indenture restriction that permits additional borrowing if the ratio of assets to debt does not fall below a specified minimum. Further SuggestionsBid to cover ratioCash flow coverage ratio Cost Recovery Period Coverage Coverage initiated Coverage ratios Covered Click to compare definitions of Cover Click to view definitions beginning co |