Indenture

Business / Taxes / Indenture: An indenture is a written contract between a bond issuer and bond holder that is proof of the bond issuer’s indebtedness and specifies the terms of the arrangement, including the maturity date, the interest rate, whether the bond is convertible to common stock, and, if so, the price or ratio of the conversion. The indenture, which may be called a deed of trust, also includes whether the bond is callable — or can be redeemed by the issuer before it matures — what property, if any, is pledged as security, and any other terms.

Trust Indenture Act Of 1939

Business / Finance / Trust Indenture Act Of 1939: Agreement between trustee and borrower setting out terms of a bond. MORE

Bond Indenture

Business / Accounting / Bond Indenture: A contract between a bond issuer and a bond purchaser that specifies the terms of a bond. MORE

Series Bond

Business / Finance / Series Bond: Bond that may be issued in several series under the same indenture document. MORE

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