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Covenant - the tools of financial engineering in the context of growing financial instability

Available online: 23 May 2012

Subject Heading: Financial system

JEL Classification: 

In the article concept "covenant" is examined. The foreign and domestic practice of the application of this financial tool in control of financial risk is investigated. Proposals on an improvement in the quality of the use of financial tools are introduced.

Keywords: covenant, innovation financial tool, risk

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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