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An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants.

Indenture Contract: A legal document detailing an agreement between two parties (master and apprentice/servant) where one agrees to pay the debt of another in exchange for labor over a specified time period. Historically this type of contract applies to both servants and apprentices.

Indenture in a Sentence d83ddd09The attorney had his client sign the indenture before officially beginning work on his case.A copy of the trust indenture can be found in a file with the company's other legal contracts.More items...

An indenture agreement is the formal contract between a bond issuer and the bondholders. It sets forth the details of all the terms and conditions of the bonds, such as the exact day of their maturity, the timing of the interest payments and how they are calculated, and the details of any special features.

Bond Indenture is a core legal document that safeguards the right of both investors and issuers. It contains all information related to the bond, along with the Rights and responsibility of both issuer and bondholders.

It specifies the important features of a bond, such as its maturity date, the timing of interest payments, method of interest calculation, callability, and convertible features-if applicable. A bond indenture also contains all the terms and conditions applicable to the bond issue.

1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.