Indenture

{
  "id": "MLC-T-LAW-002594",
  "term": "Indenture",
  "field": "Law",
  "definition": "A formal legal document, often sealed, that creates an obligation or conveys an interest in property, historically characterized by an indented or wavy edge to prevent forgery. In modern finance, it is a contract between a bond issuer and a bondholder, outlining the terms of the bond, such as interest rates, maturity dates, and covenants. This document establishes the rights and responsibilities of both parties.",
  "url": "https://mlchart.com/terminology/law/indenture/"
}