The written agreement between a corporation and the bondholder's representative is called:
A) a call provision.
B) a collateral maintenance agreement (CMA).
C) an indenture.
D) a prospectus.

Question

Quizplus · Accepted Answer

An indenture is the formal agreement between a corporation issuing bonds and the bondholders' representative, detailing the terms of the bond issue, such as the interest rate, maturity date, and other conditions.

The Written Agreement Between a Corporation and the Bondholder's Representative