Business and Personal Finance Dictionary

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• BOND INDENTURE
  
  A document that sets forth the terms of a bond issue, the obligations of a bond issuer, and the rights of the bond holders. The bond indenture is a contract between the company that issued the bonds and the bond trustee acting on behalf of the bond holders. Bond indentures may include a variety of provisions and thus define and create the differences in term and risk.
  
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