seegongsik

indenture

FinanceLv.4 (900)noun
Definition

a formal legal contract, especially one governing a bond issue

Examples

The indenture sets the interest and maturity terms.

The issuer violated a clause of the indenture.

Collocations
a bond indenturethe terms of the indenturean indenture agreement
Paraphrase
formal contractbond deed
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