Bond Indenture Law and Legal Definition
A bond indenture is a written agreement between the issuer of a bond and the bond holder. The document usually contains details and description of the interest rate, maturity date, convertibility, pledge, promises, representations, covenants, and other terms of the bond offering. The specifications within the bond indenture define both the responsibilities and commitments of the issuer of a bond as well as those of the bond holder.
