A legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company is called
A) a bond indenture.
B) a bond debenture.
C) trading on the equity.
D) a term bond.

Question

Quizplus · Accepted Answer

A bond indenture is a legal document that outlines the terms and conditions of a bond issue, including the rights, privileges, obligations, and commitments of both the bondholders and the issuing company. It includes details about the interest rate, maturity date, and redemption provisions, among other things.

A Legal Document Which Summarizes the Rights and Privileges of Bondholders