Finance:Keepwell agreement
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A keepwell agreement is a contract that a parent company will keep a subsidiary solvent.[1][2][3]
References
- ↑ Watts, William. "Evergrande fears send stock market tumbling: Here's what investors need to know about the China property giant". https://www.marketwatch.com/story/wall-street-yawns-as-china-property-giant-nears-default-what-investors-need-to-know-11631908197.
- ↑ "The Truth About Keepwell Agreements". https://www.investopedia.com/terms/k/keepwellagreement.asp.
- ↑ "Keepwell Agreement". https://corporatefinanceinstitute.com/resources/knowledge/finance/keepwell-agreement/.
Original source: https://en.wikipedia.org/wiki/Keepwell agreement.
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