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Thus, we can say three persons are involved in the bond indenture: the issuer, the bondholder, and the fiscal agent/trustee. The document is lengthy and complex. The bond indenture document contains specific important provisions in the whole document.

Indentures are a type of contract that was torn in two, so each party could have a portion. Fitting the parts together again at the fulfillment of the contract was proof of the authenticity of the papers. Indentures were used for apprenticeship agreements as well as for service agreements.

The term comes from the medieval English "indenture of retainer"?a legal contract written in duplicate on the same sheet, with the copies separated by cutting along a jagged (toothed, hence the term "indenture") line so that the teeth of the two parts could later be refitted to confirm authenticity (chirograph).

The term comes from the medieval English "indenture of retainer"[1] ? a legal contract written in duplicate on the same sheet, with the copies separated by cutting along a jagged (toothed, hence the term "indenture") line so that the teeth of the two parts could later be refitted to confirm authenticity (Chirograph).

An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.

: a written agreement : contract. 2. : a contract by which one person is made to work for another for a stated period. often used in plural. indenture.

Example of Indenture The agreement mentions that XYZ Inc. would maintain a debt-equity ratio of 2.0x throughout the tenure of the loan, and any breach would trigger the event. Therefore, the borrower (XYZ Inc.) and the lender (ABC Bank) agreed upon this condition of maintaining the debt-equity ratio above 2.0x.

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.

In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.

As nouns the difference between indenture and deed is that indenture is (legal) a contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice) while deed is an action or act; something that is done.