BNET Business Dictionary

Business Definition for: Covenant

  • to agree to pay annually a specified sum of money to a person or an organization by contract

Wiktionary Definition for: Covenant

  • #A pact or binding agreement between two or more parties.
  • #(''Biblical'') God's promise to humanity after the Flood, symbolised by the rainbow.
  • #(''Biblical'') God's promise to Israel in both the Old Testament and the New Testament that He would redeem the nation of Israel, give Israel the land of Zion, and "appear in his glory" and "come out of Zion" when "all Israel shall be saved" (cf. Psalm 201:15-18, Romans 11:25-27).
  • #(''Biblical'') God's general promise of salvation to the faithful as taught in the Bible.
  • to enter into, or promise something by, a covenant

Additional Resources

Covenant HealthCare-A Comprehensive Solution: Saginaw, Michigan - Growing Hospital Continues Focus on Outstanding Healthcare by Outsourcing
Covenant HealthCare is the largest healthcare provider in the Saginaw region. With more than 700 beds and a complete range of medical services, Covenant stands ready to meet the growing health care needs of this 14-county area. The project objective was to create a solution that minimizes initial capital costs...
Tags: American Standard Inc., Hospital, Health Care, Outsourcing, Vertical Industries, Healthcare, Benefits, Enterprise Software, Software, Human Resources
Case studies
Terror war lifts local company; Covenant aims to land more airport contracts.(News)(Covenant Services Worldwide LLC)(Transportation Security Administration)
Byline: PAUL MERRION Making people take off their shoes and hold their arms in the air has become a fast-growing business for Covenant Services Worldwide LLC. As one of four private companies still screening airline passengers and their baggage Byline:...
Tags: Covenant, security, Transportation Security Administration
Research articles 2004-05-03
Boyd Energy Merges With Davis Covenant
ARLINGTON, Texas--BUSINESS WIRE--April 17, 1998--Boyd Energy Corporation (OTC/EBB:BECO) is the surviving corporation in a merger with Davis Covenant Corporation. Resolutions were passed at the Annual Shareholders' Meeting of Davis Covenant Corporation held on April 14, 1998, authorizing the merger and changing the domicile of the corporation...
Tags: Business Wire, FINANCE, Investment, merger
Research articles 1998-04-17
Milwaukee's Trinity Hospital Plans Affiliation with Covenant System. (Originated from The Milwaukee Sentinel)
Nov. 16--Trinity Memorial Hospital in Cudahy is close to affiliating with Covenant Healthcare System Inc. - and Trinity's president resigned Tuesday to help make the deal happen. Trinity is one of the few remaining hospitals left in metropolitan Milwaukee that isn't affiliated with one of the...
Tags: Aurora Health Care Inc.
Research articles 1994-11-16
Chattanooga, Tenn.-Based Covenant Transport Reports Record Revenues.
Knight Ridder/Tribune Business News Apr. 21 -- COVENANT REVENUES UP 23 PERCENT FOR QUARTER: Covenant Transport Inc. has reported record revenues and earnings for its first quarter. The Chattanooga-based trucking company said revenues increased 23 percent to $97.8 million from $79.8...
Tags: Covenant Transport Inc.
Research articles 1999-04-22
Covenant, hospice set formal link
Milwaukee Hospice, one of the oldest hospice agencies in Wisconsin, is affiliating with Covenant Healthcare System Inc., it was announced Monday. Milwaukee Hospice and Covenant have had a close, informal relationship since 1979, when both organizations started hospice programs. The new agreement maintains Milwaukee...
Tags: St. Francis Hospital
Research articles 1995-01-10
Nextance Gives Pulse on HIPAA Compliance and Contracts to Covenant Health; 90-day Enterprise Contract Management Deployment Increases Visibility and Purchasing Power
REDWOOD CITY, Calif. -- Nextance, the solutions provider setting the standard for advanced contract performance and analytic solutions, today announced positive results from its deployment with Covenant Health, a leading healthcare provider based in Tennessee. With Nextance, Covenant Health is able to ensure compliance with complex and evolving regulations as...
Tags: Nextance Inc.
Research articles 2005-07-25
Covenant Health Selects Nextance for Enterprise Contract Management
Business Editors/High-Tech Writers REDWOOD CITY, Calif.--BUSINESS WIRE--Jan. 21, 2003 Nextance, Inc., a leading provider of enterprise software for contract management and related business processes, today announced that Covenant Health has chosen Nextance for the management of their contracts and associated commitments. Covenant Health is a comprehensive, community-owned...
Tags: Nextance Inc.
Research articles 2003-01-21
Covenant HealthCare: A Comprehensive Solution: Saginaw, Michigan: Growing Hospital Continues Focus on Outstanding Healthcare by Outsourcing
Covenant HealthCare is the largest healthcare provider in the Saginaw region. Hospital campus consisting of two hospital buildings, an emergency center, and a medical office building. The project objective was to create a solution that minimizes initial capital costs and maximizes operational efficiency while enabling Covenant to dedicate more of...
Tags: American Standard Inc., Hospital, Health Care, Outsourcing, Vertical Industries, Healthcare, Benefits, Enterprise Software, Software, Human Resources
Case studies
Covenant orders 500 Volvo trucks for third-quarter delivery
Truckload carrier Covenant Transport said it has ordered up to 500 VN670 Class 8 tractors with Cummins ISX engines from Volvo Trucks North America that the carrier said would he replacement vehicles.Truckload carrier Covenant Transport said it has ordered up to 500 VN670 Class 8 tractors with Cummins ISX engines...
Tags: Volvo
Research articles 2003-06-02
Fitch Affirms Covenant Health's $540MM Revs at 'A'; Outlook Stable
NEW YORK -- Fitch Ratings has affirmed the 'A' rating on approximately $540 million of Knox County Health Educational and Housing Facilities Board issued on behalf of Covenant Health Covenant. The Rating Outlook is Stable.
Tags: Fitch, Microsoft Outlook
Research articles 2006-03-17
Trane to Supply Thermal Energy for Medical Center.(Trane Co. signs agreement with Covenant Medical Center)(Brief Article)(Statistical Data Included)
LA CROSSE, WI -- The Trane Company, based here, and Covenant Medical Center, Saginaw, MI, announced that they have entered into a 15-year agreement allowing Trane to supply thermal energy to the medical center's central plant. LA CROSSE, WI -- The Trane Company, based...
Tags: agreement, Trane
Research articles 2001-05-07
Covenant Health System Contracts with Best Upon Request to Provide Work-Life Balance for Employees
LUBBOCK, Texas -- Employees at Covenant Health System now have access to an on-site concierge service provided by Best Upon Request. To help reduce the demands and stress of everyday life, more than 5,000 employees of Covenant can contact the concierge for such things as home-based help, dry cleaning, car...
Research articles 2008-01-04
OHIO EPA: Ohio EPA denies covenant not to sue to Universal Cooperatives.
M2 PRESSWIRE-4 September 1998-OHIO EPA: Ohio EPA denies covenant not to sue to Universal Cooperatives C1994-98 M2 COMMUNICATIONS LTD RDATE:030998 Ohio EPA has denied a request for a covenant not to sue that would have released Universal Cooperatives Inc. Lube Plant from...
Tags: covenant, HEALTHCARE, Ohio, Quality, U.S. Environmental Protection Agency
Research articles 1998-09-04
Accountancy and society: A covenant desecrated
CPAs entered a covenant when they accepted the statutes that created their professional license. There is also the very special franchise, granted to the accounting profession by a threeto-two vote of the SEC at its inception, which requires all registrants to submit financial statements audited by accountants in the private...
Tags: accountability, accountancy, accounting, audit, FINANCE, financial, SEC
Research articles 2002-12-01
HRDC: Homeless and at Risk Youth to Benefit From the Grand Opening of Covenant House Vancouver.
VANCOUVER, BRITISH COLUMBIA, May 24, 2002 Today Covenant House Vancouver celebrated the grand opening of their new supportive housing shelter, which will provide greater access to much-needed services for youth who are homeless. At the grand opening, the Honourable Claudette Bradshaw, Minister of Labour...
Tags: benefit, FINANCE, Government, Government of Canada, INTERNET, Taxes, Vancouver, youth
Research articles 2002-05-24
Covenant Shifts Trucks to SRT Unit
Southern Refrigerated Transport, a subsidiary of Covenant Transport, said it will take on more of the corporation's refrigerated work.The Associated Press quoted SRT's Justin Smith, director of operations, as saying the Texarkana, Ark., carriers fleet size would grow by 200 tractors to 815.Covenant Chief Financial Officer Joey Hogan told TRANSPORT...
Tags: Arkansas, Associated Press, carrier
Research articles 2007-01-15
Covenant Predicts Better Results in 4th Quarter
Truckload carrier Covenant Transportation Group said it expects to report results in the fourth quarter that are "significantiy better than forecast," based on improved operating conditions in October and November.Chairman David Parker said the company could report break-even to a loss of 10 cents a share.'These results would be significantly...
Tags: FINANCE
Research articles 2007-12-17
Coors Brewing Company Signs Historic Economic Covenant with National Black Economic Development Coalition
Coors Continues Commitment to African-American Community GOLDEN, Colo. -- Coors Brewing Company today reaffirmed its commitment to the African-American community with the historic signing of a national economic covenant with the National Black Economic Development Coalition NBEDC, continuing a tradition of economic development and philanthropy initiated by Coors in...
Tags: African-American, Coors, covenant, FINANCE, Leadership, MARKETING, Molson Coors Brewing Co.
Research articles 2008-01-29
International Covenant on Civil and Political Rights - statement by Deputy State Department Spokesman Richard Boucher - transcript
In keeping with his commitment to a new world order based upon respect for international law and human rights, President Bush has urged the Senate to renew its considertion of the International Covenant on Civil and Political Rights with a view to providing advice and consent to ratification. In...
Tags: Covenant, Government, president, PRODUCTIVITY, ratification, SOFTWARE, U.S. Department of State, U.S. Senate
Research articles 1991-09-16