Glossary

Terms for Architecture, Green Building & Energy

This glossary includes more than 300 solar terms, as well as hundreds of additional sustainable design and construction terms.

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Covenant

Definition: A promise in an indenture, or any other formal debt agreement, that certain actitivities will or will not be carried out. The purpose of a covenant is to give the lender more security. Covenants can cover everything from minimum dividend payments to levels that must be maintained in working capital.