88.0k views
1 vote
What is a legal document that outlines all of the conditions of a bond?

Bond indenture

Bond asset

Bond contract

Bond allocation

2 Answers

4 votes

Answer:

Bond indenture

Step-by-step explanation:

took the quiz

User Scott Cranfill
by
6.4k points
3 votes

The document that outlines all the conditions of a bond is a “Bond indenture”. A bond indenture is a legal contract between bond issuers and bondholders in which all important and relevant details of a bond are included. For example, this contract should include the terms and conditions of a bond, maturity dates, interest payment, time of payment, method of interest.

A bond contract, on the other hand, is a type of performance bond, a guaranty that the terms and conditions of the contract are fulfilled.


User Markus Hi
by
5.6k points