- trust indenture
- An instrument which states the terms and conditions of a trust, such as a pension trust or a trust created by way of security for a bond issue.
Ballentine's law dictionary. Anderson, W.S.. 1998.
trust indenture
Look at other dictionaries:
trust indenture — n: a document under which a trust (as one created by the issuer of bonds in accordance with the Trust Indenture Act of 1939) is conducted Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. trust indenture … Law dictionary
Trust Indenture — An agreement in the bond contract made between a bond issuer and a trustee that represents the bondholder s interests by highlighting the rules and responsibilities that each party must adhere to. It may also indicate where the income stream for… … Investment dictionary
Trust Indenture Act of 1939 — (TIA) USA The Trust Indenture Act of 1939, as amended, supplements the Securities Act in the case of the distribution of debt securities. Generally speaking, the TIA requires the appointment of a suitably independent and qualified trustee to act… … Law dictionary
Trust Indenture Act of 1939 — The United States Trust Indenture Act of 1939 (TIA), codified at usc|15|77aaa through usc|15|77bbbb, supplements the Securities Act of 1933 in the case of the distribution of debt securities. Generally speaking, the TIA requires the appointment… … Wikipedia
Trust Indenture Act of 1939 — A law passed in 1939 that prohibits bond issues valued at over $5 million from being offered for sale without a formal written agreement (an indenture), signed by both the bond issuer and the bondholder, that fully discloses the particulars of… … Investment dictionary
Trust Indenture Act — Federal Act (1939) designed to protect investors in certain types of bonds by requiring that the trust indenture be approved by the SEC and include certain protective clauses and exclude certain exculpatory clauses, and that trustees be… … Black's law dictionary
trust indenture — The document which contains the terms and conditions which govern the conduct of the trustee and the rights of the beneficiaries. Commonly used when a corporation floats bonds. See indenture … Black's law dictionary
trust indenture — noun : a document under which a trust (as a mutual investment fund) is conducted … Useful english dictionary
Trust Indenture Act of 1939 — A law that requires all corporate bonds and other debt securities to be issued subject to indenture agreements and comply with certain indenture provisions approved by the SEC. Bloomberg Financial Dictionary … Financial and business terms
Trust Indenture Act — A federal statute of 1939 having a purpose comparable to that of other federal securities legislation, namely to afford the public protection in connection with securities. 15 USC §§ 77aaa etc … Ballentine's law dictionary
