Meaning INDENTURE: Agreement between lender and borrower that details specific terms of the bond issuance. Specifies legal obligations of bond issuer and rights of bondholders. An indenture spells out the specific terms of a bond, as well as the rights and responsibilities of both the issuer of the security and the holder
More terms such as Indenture in Dictionary I.
- Definition Indirect Quote:
- Examples For foreign exchange, the number of units of a foreign currency needed to buy one U.S. dollar indenture definition.
- Definition Interest Tax Shield:
- Examples The reduction in income taxes that results from the tax-deductibility of interest payments indenture explain.
- Definition Income Dividend:
- Examples Any payout to mutual fund shareholders resulting from interest, dividends, or other income indenture what is.
- Definition Illiquid:
- Examples finance. absence of cash flow needed to fulfill financial debts and meet obligations. In the context of investments, describes a lightly traded investment such as a stock or bond that is not easily indenture meaning.
- Definition International Monetary Market (IMM):
- Examples A division of the CME established in 1972 for trading financial futures. Related: Chicago Mercantile Exchange (CME indenture abbreviation.
