Ownership Change

Converter
A converter is an active real estate entrepreneur who changes the ownership and/or physical configuration of property.
Non-Ratio Covenant
A non-ratio covenant is a form of covenant in a loan agreement that includes conditions relating to the payment of dividends, the granting of guarantees, disposal of assets, change of ownership, and a negative pledge.
Share Transfer (Stock Transfer)
A share transfer refers to the change in ownership of a share or stock, where the process is carried out electronically in modern brokerage systems.

Accounting Terms Lexicon

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