english word · 2026-09-02
Covenant
noun
Meaning
A formal and solemn agreement, contract, or promise between two or more parties to do or not do something specific. In a business context, it often refers to binding clauses that protect the interests of all stakeholders through mutual commitment.
Etymology
Derived from the Old French 'covenant', meaning 'agreement', originating from the Latin 'convenire', which means 'to come together'.
Examples
"The startup founders signed a restrictive covenant to ensure that their proprietary technology remained protected during the merger."
"Beyond the legal text, there was a quiet covenant of trust between the two partners that had sustained their firm for decades."
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