Indenture
A contract between an issuer of bonds and the bondholder stating the time period before repayment, amount of interest paid, if the bond is convertible (and if so, at what price or what ratio), if the bond is callable and the amount of money that is to be repaid. Investopedia Says:
The indenture is another name for the bond contract terms, which are also referred to as a deed of trust. Related Terms:
Bonds
Callable Bond
Convertible Bond
Debenture
Debenture Redemption Reserve
Interest
Maturity Date
Trust Indenture |