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An '''indenture''' is a document governing the parties to a [[loan]]. That is, it will spell out the amount of the loan, [[interest rate]], term and covenants.
An '''indenture''' refers to a legal and binding agreement, contract or document between two or more parties. In [[finance]], an indenture is a document governing the parties to a [[loan]]. That is, it will spell out the amount of the loan, [[interest rate]], term and covenants.
Historically, indenture refers to a contract binding one person to work for another for a set period of time, such as an indentured servant.
[[Category:Finance]]
[[Category:Finance]]
[[Category:Business]]
[[Category:Business]]