Definitions (2)

1. A written agreement between the issuer of a bond and his/her bondholders, usually specifying interest rate, maturity date, convertibility, and other terms.
2. A written note evidencing proof of indebtedness.

Use indenture in a sentence

You should always make sure that you do not lose any indenture so that you have records of the deal.

​ Was this Helpful? YES  NO 8 people found this helpful.

The indenture clearly outlined the terms of the bond agreement so there would be no confusion over the portfolio position.

​ Was this Helpful? YES  NO 11 people found this helpful.

Once they agreed to pruchase the bond, they received the indenture. It stated they would receive an annual interest rate of 3% over a term of 5 years.

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
call provision first call date