Indenture
Indenture is a legal document that spells out the rights of both bondholders and the issuing corporation.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Indenture. A legal document that spells out the rights of both bondholders and the issuing corporation.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Indenture. A formal agreement between the issuer and the bondholders.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
