Definition of deed of covenant noun from the Oxford Advanced Learner's Dictionary

 

deed of covenant

 noun
noun
BrE
 
; NAmE
 
(British English) Helping others
 
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an agreement to pay a regular amount of money to somebody/something, especially a charity, that means that they also receive the tax that would have to be paid on this money Signing a deed of covenant makes £1 worth £1.20. See related entries: Helping others