See Also: Deficiency agreement(finance)
Deficiency Agreement(money)
Cash deficiency agreement(finance)
Cash deficiency agreement(money)
finance(2)(dictionary)
BMW Finance N.V.(finance)
Finance(money)
finance(encyclopedia)
FINANCE(finance)
finance(1)(dictionary)

Deficiency agreement (finance)


An agreement that calls on the sponsor or another party to provide the shortfall when cash flow, working capital, or revenues are below agreed levels or are insufficient to meet debt service.