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 ?
When shopping for a home warranty, it's important to compare packages to figure out what appliances are covered for which price.
But David Helm, deputy editor of special sections for Consumer Reports magazine, says extended warranties are almost always a bad deal since most consumers don't have major problems with the product being covered for the period that the warranty is offered.
In fact, most lenders won't issue you a mortgage unless you're covered for the price of their investment, which just happens to be the value of your home.