The financial definition for Negative covenant:
A bond covenant that limits or prohibits certain actions unless the bondholders agree.
Negative amortizationNegative amortization
A loan repayment schedule in which the outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not cover the full amount required to amortize the loan. The unpaid interest is added to the outstanding principal, to be repaid later.
Negative cash flowNegative cash flow
Occurs when spending in a business is greater than earnings.
Negative convexityNegative convexity
A bond characteristic such that the price appreciation will be less than the price depreciation for a large change in yield of a given number of basis points. For example, a fixed-rate mortgage may lose value as rates go down because of prepayments.
Further Suggestions Negative duration
Negative income tax
Negative NPV tie in project
Negative pledge clause
Negative working capital
Negative yield curve
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