indenture
- An official paper detailing the conditions and stipulations related to the issuance of a security like a debenture or bond
- A legal agreement or record, binding two or more parties like a grantor and a grantee
- The indenture for the corporate bonds outlined repayments schedules and interest rates.
- Both parties signed the indenture to formalize the mutual obligations and expectations.
- They drafted an indenture to set forth the terms and conditions of the land transaction.
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