indenture

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

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