Indenture - written agreement that describes the borrowers' responsibility to the lenders in a bond or debenture issue.
Among other things, the indenture sets the maturity date and the interest rate.
Indenture
(1) the formal agreement between a group of bondholders and the bond issuer containing terms of the debt. (2) a deed, written contract, or sealed agreement.
Indenture
Definition:
Agreement between Lender and borrower that details specific terms of the Bond issuance. Specifies LEGAL obligations of bond Issuer and rights of bondholders.
bond indenture investment & finance definition
See indenture.
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A Bond indenture restriction that permits additional borrowing if the Ratio of Assets to Debt does not fall below a specified minimum.
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Closed End Bond Indenture
(no additional borrowing)
Closed end bond indenture - secured bond indenture that prohibits the re-pledging of collateral for additional bonds.
Much of the information that is contained in the bond indenture has to do with the description and sales information that is related to the bond.
INDENTURE - See: TRUST INDENTURE.
INDEX BONDS - Bonds whose trading activity is monitored and included as part of an index of actively traded bonds. See: BOND BUYER INDICES; DOLLAR BOND.
INDEXED FUND - See: INDEX FUND.
Indenture
A written agreement under which bonds and debentures are issued, setting forth maturity date, interest rate, and other terms.
Independent Broker ...
Indenture The legal agreement between the firm issuing the bond and the bondholders, providing the specific terms of the loan agreement.
Index A yardstick to measure change from a base year.
Indenture
The terms and agreement of a corporate bond, usually on the face of the bond certificate.
Indenture A contract stating the terms for repayment of a bond. It specifies the time, interest payment amount, repayment amounts (amortizations) and convertibility options.
Indenture
A contract between an issuer of bonds and the bondholder stating the time period before repayment, amount of interest paid, if the bond is convertible (and if so, at what price or what ratio), ...
Indenture - A written agreement between an issuer and bondholders, which outlines the terms, conditions, and repayment provisions concerning the debt.
Indenture - The terms of a corporate bond. Also known as deed of trust, it appears on the face of the bond certificate.
indenture
Issuer legal document which details the mechanics of the bond issuer, security features, covenants, events of default and other key features of the issue's legal structure.
Indenture Agreement: An indenture agreement is a written contract, also referred to as a Deed of Trust, under which bonds and other securities are issued.
Indenture
A legal document that specifically states the conditions under which a bond has been issued, the rights of the bondholders, and the duties of the issuing corporation.
Indicative Data ...
Bond indenture
The contract that sets forth the promises of a corporate bond issuer and the rights of investors.
Bond indexing ...
Trust Indenture
A written agreement between a corporation and its debt holders stating interest rates, maturity dates, collateral, etc.
Trust Indenture Act
The term "Trust Indenture Act" means the Trust Indenture Act of 1939.
U ...
Indenture
A written contract, also known as a "Deed of Trust", under which bonds and debentures are issued, setting forth maturity date, interest rate, redemption rights, call privileges and other terms.
An indenture agreement stipulation in which the company guarantees that it will not pledge any of its assets if that pledge would decrease debt-holders' security.
Negotiable ...
bond indenture A written agreement between the issuer of a bond and his/her bondholders, generally... bond market The market in which instruments of fixed-income debt are issued and traded....
Clause in a bond's Indenture that allows the issuer to redeem the bond before maturity. The call provision will spell out the first Call Date and whether the bond will be called at Par or at a slight premium to par.
Thus, for a period of time both the issue being refunded and the refunding issue are outstanding, although the trust agreement or indenture securing the issue being refunded may be defeased or discharged by the deposit of the proceeds of the new ...
Sinking fund requirement A condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. Any principal due at maturity is called the balloon maturity.
Conversion Features and Dilution Protection: If a bond is convertible, the indenture will specify the conversion ratio, the number of common shares into which it can be converted. Alternatively, it may specify the conversion price.
Non-Callable - Non-Callable is the bond or the preferred stock, preference share, redeemed by the issuer before its maturity date, or a date specified in the bond indenture or share prospectus, only on the payment of a penalty.
These include the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Act of 1935, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, ...
The rights of a particular bond issue are specified in a written document, usually called an "indenture". In the U.S.
First date specified in the indenture of a corporate or municipal bond contract on which part or all of the bond may be redeemed at a set price.
First In, First Out (FIFO)
A method of accounting in which the first acquired shares are sold first.
Deed of trust
See: Indenture
Deep-discount bond
A bond issued with a very low coupon or no coupon that sell at a price far below par value. A bond that has no coupon is called a zero-coupon bond.
17 CFR, part 260 - Trust Indenture Act of 1939
17 CFR, part 270 - Investment Company Act of 1940
17 CFR, part 275 - Investment Advisers Act of 1940 ...
Fitch Affirms Sr & Sub Notes of U.S. Education Loan Trust IV, LLC - March 1, 2006 Indenture of Trust
Publish Date: Aug 31, 2011 03:43 PM
Fitch Affirms RBSCF Trust 2010-RR4 Pass-Through Certificates, Series 2010-RR4
Publish Date: Aug 31, 2011 03:37 PM ...
A bond's coupon rate is the interest rate that is written into the terms of the bond indenture, and this value often appears on the bond certificate itself. The bond coupon rate is also referred to as the stated rate or the nominal rate of interest.
Although they have drawbacks as well, bonds have similar benefits to preferred stocks and they also feature a fixed income since they are guaranteed by the bond's indenture.
the Securities Act of 1933
the Securities Exchange Act of 1934
the Trust Indenture Act
the Investment Company Act of 1940
the Investment Advisors Act of 1940
the Public Utility Holding Company Act ...
General debt obligation backed only by the integrity of the borrower and documented by an agreement called an INDENTURE. An unsecured bond is a debenture.
DEBT BOMB ...
One committee that must be formed is called the "official committee of unsecured creditors." They represent all unsecured creditors, including bondholders. The "indenture trustee," often a bank hired by the company when it originally issued a bond, ...
At present, there are seven major laws administered by the SEC Securities and Exchange Commission These are the Securities Exchange Act of 1934, the Securities Act of 1933, the Investment Company Act of 1940, the Trust Indenture Act of 1939, ...
Debenture
Any debt obligation backed strictly by the borrower's integrity, e.g. an unsecured bond. A debenture is documented in an indenture.
It is hard to come up with a good reason for individuals to own preferred stock. Bonds work better, although they have some drawbacks also, as a fixed income investment because the income is guaranteed by the bond's indenture.
The credit event might be a declaration of bankruptcy or violation of a bond indenture or loan agreement.
 See also: Issue, Bond, Market, Investment, Interest
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