An indenture is a legal contract between two parties, particularly for indentured labour or a term of apprenticeship but also for certain land transactions. The term comes from the medieval English "indenture of retainer" —a legal contract written in duplicate on the same sheet, with the copies separated by cutting along a jagged (toothed, hence the term "indenture") line so that the teeth of t… Nettet3. jun. 2024 · Covenant: A covenant is a promise in an indenture , or any other formal debt agreement, that certain activities will or will not be carried out. Covenants in finance most often relate to terms in ...
The Trust Indenture Act: What is All the Fuss About?
Nettetmortgage. a legal agreement that helps protect a lender if a borrower fails to make required payments on notes or bonds. secured bonds. have specific assets of the issuer pledges (or mortgaged) as collateral. unsecured bonds. also called debentures, are backed by the issuer's general credit standing. term bonds. Nettet17. mai 2024 · Bond Covenant: A bond covenant is a legally binding term of agreement between a bond issuer and a bond holder. Bond covenants are designed to protect the interests of both parties. Negative or ... fire emblem path of radiance dolphin freeze
Indenture vs Bond - What
Nettet6. des. 2024 · In the world of bond investing the contract describing the specific details of the bond is called an indenture agreement. In the event of a legal conflict between the organization and the... Nettet11. apr. 2024 · An indenture is a legal contract that reflects or covers a debt or purchase obligation. It specifically refers to two types of practices: in historical usage, an … Nettet19. jul. 2024 · Bond Purchase Agreement: A legally binding document between a bond issuer and an underwriter establishing the terms of a bond sale. The terms of a bond purchase agreement will include sale ... fire emblem path of radiance astrid