What does covenant mean? covenantNoun A promise in an agreement to do certain things or to refrain from doing other things. Synonym(s): Related Item(s):What are frozen and flexible GAAP?How is mezzanine debt subordinated?What are due diligence reports? 2024-09-11T14:26:38+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail