Coverage principle
The term coverage principle is used in different meanings:
- In the foreclosure auction law , the cover principle states that the overriding rights must be preserved in the foreclosure auction date, see lowest bid
- In the Pfandbrief business, the cover principle states that the Pfandbriefe sold must be covered by mortgages of at least the same amount, see Pfandbrief
- in public budget law
- In the contribution margin calculation, the cover principle states that the revenue from a service must at least cover the directly attributable costs.