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 ?
The company said that the National Master contract, which was approved and covers about 235,000 full- and part-time employees in the US, was negotiated well ahead of the current contract's expiry date of 31 July 2013 and the contract coverage has been extended to 31 July 2018, however the union has informed the company that the agreement covering UPS Freight employees and some local agreements requires additional negotiation.