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Covenant
Binding Promise![Play](https://cdn-wordup.com/WebsiteImages/DictionaryPics/BlackPlay.svg)
A covenant in legal terms is a serious commitment with legal consequences if broken. ![Slide](https://word-images.cdn-wordup.com/tips/rsZf7DQBlxVGpocIHU6VjocN0.webp)
Contractual Terms![Play](https://cdn-wordup.com/WebsiteImages/DictionaryPics/BlackPlay.svg)
Covenants often specify actions parties must take or avoid. ![Slide](https://word-images.cdn-wordup.com/tips/VG3eJC0w9Er5ukpl8QhgKQtXw.webp)
Implicit Trust![Play](https://cdn-wordup.com/WebsiteImages/DictionaryPics/BlackPlay.svg)
Entering a covenant implies a high level of mutual trust and is usually well thought out. ![Slide](https://word-images.cdn-wordup.com/tips/2CQanMZMpsANnKV8culThTQaTM.webp)