covenant-lite

Questions

What does covenant-lite mean?

A loan that has fewer restrictive covenants on it than a standard loan, so is potentially more risky for the lender.

How to pronounce covenant-lite

1. Open the pronunciation page — Open the Speakur entry for “covenant-lite”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “covenant-lite”.
4. Repeat and practice — Say “covenant-lite” aloud, matching stress and vowels until it feels natural.