Indenture Insert Words For Free

A bond indenture is the contract associated with a bond. The terms of a bond indenture include a description of the bond features, restrictions placed on the issuer, and the actions that will be triggered if the issuer fails to make timely payments.The dates when interest payments will be made to bondholders.

To be indentured is to be forced to work by some contract. It started out as a word for a contract between masters and apprentices. Now it describes anyone bound to work, like it or not, because of some deal. Use the adjective indentured to describe someone who's bound or attached in a legal sense.

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.

An indenture is a legal contract that reflects or covers a debt or purchase obligation. It specifically refers to two types of practices: in historical usage, an indentured servant status, and in modern usage, it is an instrument used for commercial debt or real estate transaction.

Indenture refers to a legal and binding agreement, contract, or document between two or more parties.Historically, indenture has also referred to a contract binding one person to work for another for a set period of time (indentured servant), particularly European immigrants.

Congress passed the Trust Indenture Act of 1939 to protect bond investors. It prohibits the sale of any debt securities in a public offering unless they are issued under a qualified indenture.With the act, trustees are required to make a list of the investors available so they can communicate with each other.

(Entry 1 of 2) 1a(1) : a document or a section of a document that is indented. (2) : a formal or official document usually executed in two or more copies. (3) : a contract binding one person to work for another for a given period of time often used in plural.