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An indenture agreement is a contract between a bond issuer and bondholders. The indenture agreement is a technical document that covers all the provisions related to the bond and how the bond is managed daily. The agreement includes details relating to: Terms and conditions of the bonds. The exact date of maturity.

Home » Accounting Dictionary A» What is an Indenture? Definition: An indenture is a legally binding bond or loan document in which two parties agree on a set of conditions and loan terms requiring the borrower to pay the lender a series of principle and interest payments over time.

Bond indenture (also trust indenture or deed of trust) is a legal document issued to lenders and describes key terms such as the interest rate, maturity date, convertibility, pledge, promises, representations, covenants, and other terms of the bond offering.

Indentured servitude refers to a contract between two individuals, in which one person worked not for money but in exchange for the price of passage to America. Indentured servitudepopular in the United States in the 1600swas essentially a kind of barter system.

Michael was a self-proclaimed indentured servant to a former record company, a martyr. A Scottish indentured servant and three black slaves were also punished. Most white laborers also came to the colony as indentured servants. The number of indentured servants among immigrants was particularly high in the South.

This commission reported in 1909, its general conclusion being that in the interests of Natal the importation of indentured Indian labour should not be discontinued. In October 1818, when he was in his fourteenth year, he was made more than content by being indentured to Ephraim W.

The description of indenture is a written contract of agreement, especially one in which one party is bound to work for another for a given period of time. A contract wherein someone agrees to work for you for two years if you help him come to America is an example of indenture.