Residual cover

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Residual cover

The cash flow remaining after a project financing has been repaid, expressed as a percentage of the original loan. Residual cushion.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Residual Cover

Remaining cash flow on a project after debt service, expressed a percentage of the loan amount.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved