Meaning 1formal · 85%
A formal written agreement specifying the obligations connected with a debt or bond issue.
Natural examples
The company issued notes under an indenture.
Investors examined the indenture before buying the bonds.
The trustee relied on the indenture to demand repayment.
Usage note
Currently used chiefly in finance and law; historical apprenticeship indentures are a different context.
Useful combinations
bond indenture — agreement defining obligations under a bond issue