covenant-lite

Fetched 2026-10-26 (cache).

Datamuse reports no synonyms or antonyms for this word.

Noun

1. A loan that has fewer restrictive [[covenant]]s on it than a standard loan, so is potentially more risky for the [[lender]].

Source: Wiktionary · CC BY-SA 4.0 (Wiktionary dump) · cached copy, not a rewrite.