cover

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Cover

The amount above UNITY of a debt service ratio.

Short Cover

The act of buying a security one has previously sold short in order to close a position. In order to make a profit on a short cover, one must buy the security at a price less than the price at which one sold it. It is also simply called a cover.

cover

cover

see DIVIDEND COVER, INTEREST COVER.
References in periodicals archive ?
It appeared to me that he relished his role as clean-up batter for the Defendants, and he pretty much covered the waterfront for them.
As late as 1970, when David Frost asked him if he was a homosexual, an embarrassed, drugged-out Williams reluctantly admitted, "I've covered the waterfront," even equivocating: "I think we all have some homosexuality, even the most heterosexual among us.
I learned far more about manufacturing operations during this period, where projects covered the waterfront from melt efficiency improvements, material cost control, alternative charge materials, the ongoing launch of the new Michigan Castings Center, scrap reduction, machinability problem resolution, lost foam casting production and automatic pouring," he said.