Documented restrictions that lenders place in the debt agreements for firms using their funds are called:

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The documented restrictions that lenders place in the debt agreements for firms using their funds are called covenants. Debentures are a type of bond, subordinates refer to securities that are below other securities in terms of priority in bankruptcy or liquidation, and preemptive rights give current shareholders the right to purchase newly issued shares before they are offered to the public.

Documented Restrictions That Lenders Place in the Debt Agreements for Firms