Which of the following is a legal contract that outlines the precise terms between the issuer and the bondholder?
A) Debenture
B) Enforcement codes
C) Indenture
D) Prospectus

Question

Quizplus · Accepted Answer

An indenture is a legal contract between the issuer (the company or government) and the bondholder that outlines the precise terms of the bond, including the interest rate, maturity date, payment schedule, and any security or collateral that backs the bond.

Which of the Following Is a Legal Contract That Outlines