IDNLearn.com offers a unique blend of expert answers and community-driven insights. Get prompt and accurate answers to your questions from our community of experts who are always ready to help.
Sagot :
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the indenture bond.
What is meant by indenture?
A legal and binding agreement known as an indenture is frequently related to bond deals, real estate, or bankruptcy. A thorough description of the terms, conditions, and covenants can be found in an indenture.
Who is bondholder?
A bondholder is a buyer or the owner of debt instruments, which are frequently issued by governments and enterprises. In essence, bond issuers are borrowing money from bondholders. When bonds mature, bondholders are reimbursed for their initial investment, or principle.
To know more about indenture visit:
https://brainly.com/question/3911798
#SPJ4
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.
