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What does indenture mean?

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indenture
Noun

A contract between the issuer of a corporate or municipal revenue bond and the bondholders, specifying the issue’s terms and conditions, including the bond’s form, the issue amount, the par value, interest rate, maturity date, covenants, any embedded options, and, if secured, the collateral.

Synonym(s): 
  • deed of trust; trust indenture.
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