HomeDefinitionsCompareDebt TestThe financial definition for Test:The event of a price movement that approaches a support level or a resistance level established earlier by the market. A test is passed if prices do not go below the support or resistance level, and the test is failed if prices go on to new lows or highs. Similar MatchesAcid test ratioAcid test ratioAlso called the quick ratio, the ratio of current assets minus inventories, accruals, and prepaid items to current liabilities. Additional bonds testAdditional bonds testA test for ensuring that bond issuers can meet the debt service requirements of issuing any new additional bonds. 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 SuggestionsBack testingBest interests of creditors test Empty head and pure heart test Fair and equitable test Incontestability clause Letter of Testamentary No Protest Click to compare definitions of Test Click to view definitions beginning te |