Bond indenture, Financial Management

Bond Indenture

An indenture builds the formal conditions of a lending relationship between a borrower and a lender. It is a written record, and it outlines most important function area such as the principal, the rate of interest, the development rate, and other limitations that the borrower agrees to abide by.

Posted Date: 10/15/2012 2:42:52 AM | Location : United States

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