OVERALL MARKET PRICE COVERAGE


Meaning of OVERALL MARKET PRICE COVERAGE in English

Total assets less intangibles divided by the total of the marekt value of the security issue and the book value of liabilities and issues having a prior claim. This is used to determine how much of the market value of a certain class of securities would be covered in liquidation .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.