Protective Covenants

Indenture
An indenture is a formal agreement, also known as a deed of trust, between an issuer of bonds and the bondholder which outlines key considerations such as the form of bond, amount of issue, property pledged, protective covenants, working capital requirements, and redemption rights.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.