| 释义 |
covenant something to someone/something
collocation
finance & economics UKspecialized
to make a formal agreement to pay a fixed amount of money regularly, especially to a charity:
All profits are covenanted to a charity that supports people with a visual impairment.
Under the arrangement, he is said to have covenanted the money to his close associates and fellow company directors.
See
covenantverb
The Chambers of Mr S. C. Stamler KC covenanted a thousand pounds a year to the Law Library.
Covenanted donations to charities for a term of more than three years can be offset against tax if you are someone who pays the higher rate of tax.
Five percent of our profits are covenanted to charity.
SMART Vocabulary: related words and phrases
Trusts & funds
annuity
blind trust
charitable trust
covenant
escrow
fund
holding company
kitty
mutual fund
non-discretionary
pension fund
pension plan
slush fund
super
support
the Consolidated Fund
trust
trust fund
trustee
trusteeship
|