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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Trust Indenture

Definition:

It's right there in the fine print of the bond contract.

The trust indenture describes where the money for your investment comes from and what will happen in case the company goes bankrupt or can't pay its bondholders. This is stuff you want to know before the company looks like it's taking a swan dive.