indenture

indenture: in·den·ture /in-'den-chər/ n [Old French endenture an indented document, from endenter to indent (divide a document into sections with irregular edges that can be matched for authentication), from en- thoroughly + dent tooth]

1: a document stating the terms under which a security (as a debenture or other bond) is issued; specif in bankruptcy law: a document (as a mortgage or deed of trust) under which there is outstanding security constituting a claim against a debtor, a claim secured by a lien on any of the debtor's property, or an equity security of the debtor

2: a deed or other document to which two or more parties (as both grantor and grantee) are bound

indenture: I noun agreement, agreement to work, apprenticeship agreement, arrangement, commitment, compact, contract, contract to work, contractual obligation, contractual statement, covenant, deed of agreement, instrument, mutual agreement, mutual undertaking, pact, pactum, stipulation, undertaking II index bind (obligate), bond, bond (secure a debt), compact, obligation (liability), pact, security (stock), servitude, specialty (contract), undertake

indenture: n.

(1) A formal agreement conveying real estate from one party to another and binding both parties with obligations.

(2) An agreement issuing corporate bonds and debentures, often between a corporation and an indenture trustee, who holds title to the trust property and carries out the terms of the agreement.

(3) Historically, a legal contract made into several copies with the edges indented to mark them as authentic.

(4) Historically, an agreement in which a person in the British colonies agreed to pay the transportation costs for someone who wanted to immigrate in exchange for the recipient’s labor for a specified number of years; the recipient was called an indentured servant.

indenture: See apprentice.

indenture: 1) Generally, any written agreement between two parties.

2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.

3) In finance, a written agreement that describes the borrowers' responsibility to the lenders in a bond or debenture issue and states the maturity date and the interest rate; also called a bond indenture.

Category: Real Estate & Rental Property

indenture: USA

A written agreement between the issuer of debt securities (debt security) (such as bonds, notes or debentures) and the trustee for the debt securities acting as a representative of the securityholders that specifies the terms and conditions of the debt securities, including interest rate, maturity, redemption, timing and methods of payment, covenants, events of default (event of default) and information regarding the trustee and any other specifically negotiated terms and conditions.

indenture: n. A document such as a mortgage or deed of trust, which provides for security for a financial obligation, and which sets forth essential terms such as interest rate and due date or maturity date.

indenture: An agreement declaring the benefits and obligations of two or more parties, often applicable in the context of bankruptcy and bond trading.

indenture: An agreement declaring the benefits and obligations of two or more parties, often applicable in the context of bankruptcy and bond trading.

indenture: n.

   1) a type of real property deed in which two parties agree to continuing mutual obligations. One party may agree to maintain the property, while the other agrees to make periodic payments.

   2) a contract binding one person to work for another.

   3) v. to bind a person to work for another.

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Synonyms:

Written contract, document, instrument, legal instrument / Indented state, indentation, Indent, bind by indenture

Look at other dictionaries:

Indenture — In*den ture, v. t. [imp. & p. p. {Indentured}; p. pr. & vb. n. {Indenturing}.] [1913 Webster] 1. To indent; to make hollows, notches, or wrinkles in; to furrow. [1913 Webster] Though age may creep on, and indenture the brow. Woty. [1913 Webster]… … The Collaborative International Dictionary of English
indenture — Any deed, written contract or sealed agreement. (Dictionary of Canadian Bankruptcy Terms) Under Title 11 U.S.C. Section 101: (28) The term indenture means mortgage, deed of trust, or indenture, under which there is outstanding a security, other… … Glossary of Bankruptcy
indenture — (n.) contract for services, late 14c., from Anglo Fr. endenture, O.Fr. endenteure indentation, from endenter (see INDENT (Cf. indent)). Such contracts (especially between master craftsmen and apprentices) were written in full identical versions… … Etymology dictionary
indenture — ► NOUN 1) a formal agreement, contract, or list, formerly one of which copies with indented edges were made for the contracting parties. 2) an agreement binding an apprentice to a master. 3) historical a contract by which a person agreed to work… … English terms dictionary
indenture — [in den′chər] n. [ME endenture < OFr & < ML indentura: see INDENT1: now used also as if < INDENT2] 1. Now Rare INDENTATION 2. a written contract or agreement: originally, it was in duplicate, the two copies having correspondingly notched … English World dictionary
Indenture — In*den ture (?; 135), n. [OE. endenture, OF. endenture, LL. indentura a deed in duplicate, with indented edges. See the Note below. See {Indent}.] [1913 Webster] 1. The act of indenting, or state of being indented. [1913 Webster] 2. (Law) A… … The Collaborative International Dictionary of English
Indenture — In*den ture, v. i. To run or wind in and out; to be cut or notched; to indent. Heywood. [1913 Webster] … The Collaborative International Dictionary of English
indenture — /indentyar/ In business financing, a written agreement under which bonds and debentures are issued, setting forth form of bond, maturity date, amount of issue, description of pledged assets, interest rate, and other terms. Typically, the contract … Black's law dictionary
indenture — /indentyar/ In business financing, a written agreement under which bonds and debentures are issued, setting forth form of bond, maturity date, amount of issue, description of pledged assets, interest rate, and other terms. Typically, the contract … Black's law dictionary
Indenture — NOTOC 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 cite… … Wikipedia

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