In terms of public offerings of bonds, what is an indenture?

Question

Quizplus · Accepted Answer

An indenture is a legal and binding contract between the issuer of the bond and the bondholders, which typically includes the terms and conditions of the bond offering, such as the interest rate, payment dates, and maturity date, as well as the issuer's obligations and responsibilities to the bondholders. It is a critical document in the bond offering process and is designed to protect the interests of the bondholders.

In Terms of Public Offerings of Bonds, What Is an Indenture