COVENANTS Meaning and
Definition
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Covenants are legal agreements or promises made in various contexts, typically contractual or religious, that bind parties to specific obligations, restrictions, or conditions. The term can be used in different fields, such as law, finance, and religion, and the specific meaning may vary accordingly.
In a legal context, covenants refer to clauses or provisions outlined in a contract or agreement that set forth the rights, responsibilities, and limitations for the parties involved. These covenants often define the expectations and obligations of each party, ensuring compliance and providing remedies for potential breaches. They may cover financial arrangements, performance standards, confidentiality, or non-compete agreements, among others.
In finance, covenants are conditions set by lenders or bond issuers that borrowers must adhere to as part of the loan agreement. These financial covenants, typically found in loan agreements, can include maintaining a certain debt-to-equity ratio, meeting specific financial benchmarks, or securing collateral for the loan.
Religious covenants are found in various faith traditions and represent solemn promises or agreements between individuals and their deities. These covenants may be expressed through rituals, ceremonies, or sacred texts, and often involve moral or ethical obligations upon the individuals involved, as well as divine blessings or consequences for breaking the covenant.
Overall, covenants serve as binding commitments that establish the terms and conditions of a relationship or agreement, whether legal, financial, or religious, and help ensure compliance, consistency, and accountability among the involved parties.
Top Common Misspellings for COVENANTS *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for COVENANTS
Etymology of COVENANTS
The word covenants has its origin in the Late Latin word conventio, which means agreement or contract. Conventio comes from the Latin verb convenire, meaning to come together or to meet. Through the influence of Old French, conventio evolved into the English word covenant in the 13th century, referring to a formal or legal agreement between multiple parties. The plural form covenants is derived simply by adding the English plural suffix -s.
Similar spelling words for COVENANTS
Conjugate verb Covenants
CONDITIONAL
I
would covenant
we
would covenant
you
would covenant
he/she/it
would covenant
they
would covenant
FUTURE
I
will covenant
we
will covenant
you
will covenant
he/she/it
will covenant
they
will covenant
FUTURE PERFECT
I
will have covenanted
we
will have covenanted
you
will have covenanted
he/she/it
will have covenanted
they
will have covenanted
PAST
I
covenanted
we
covenanted
you
covenanted
he/she/it
covenanted
they
covenanted
PAST PERFECT
I
had covenanted
we
had covenanted
you
had covenanted
he/she/it
had covenanted
they
had covenanted
PRESENT
I
covenant
we
covenant
you
covenant
he/she/it
covenants
they
covenant
PRESENT PERFECT
I
have covenanted
we
have covenanted
you
have covenanted
he/she/it
has covenanted
they
have covenanted
I
am covenanting
we
are covenanting
you
are covenanting
he/she/it
is covenanting
they
are covenanting
I
was covenanting
we
were covenanting
you
were covenanting
he/she/it
was covenanting
they
were covenanting
I
will be covenanting
we
will be covenanting
you
will be covenanting
he/she/it
will be covenanting
they
will be covenanting
I
have been covenanting
we
have been covenanting
you
have been covenanting
he/she/it
has been covenanting
they
have been covenanting
I
had been covenanting
we
had been covenanting
you
had been covenanting
he/she/it
had been covenanting
they
had been covenanting
I
will have been covenanting
we
will have been covenanting
you
will have been covenanting
he/she/it
will have been covenanting
they
will have been covenanting
I
would have covenanted
we
would have covenanted
you
would have covenanted
he/she/it
would have covenanted
they
would have covenanted
I
would be covenanting
we
would be covenanting
you
would be covenanting
he/she/it
would be covenanting
they
would be covenanting
I
would have been covenanting
we
would have been covenanting
you
would have been covenanting
he/she/it
would have been covenanting
they
would have been covenanting
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