Bond Indenture
/ˈbɑːnd ɪnˈdɛntʃər/
Definitions
- (n.) A formal legal agreement or contract between a bond issuer and bondholders detailing the terms of the bond issuance, covenants, rights, and duties of parties involved.
The bond indenture specified the interest rate, maturity date, and restrictive covenants for the corporate bonds.
Forms
- bond indenture
- bond indentures
Related terms
See also
Commentary
A bond indenture is fundamental for defining obligations and protections in bond financing; precise drafting ensures clarity of terms and enforcement.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.