BOND INDENTURE

bond indenture. 1. A contract between a bond issuer and a bondholder outlining a bond’s face value, interest rate, maturity date, and other features. 2. A mortgage held on specified corporate property to secure payment of the bond.[Blacks Law 8th]

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BONDHOLDER

bondholder. One who holds a government or business bond.[Blacks Law 8th]

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BOND FOR TITLE

bond for title.Real estate. The seller’s retention of legal title until the buyer pays the purchase price. — Also termed bond for deed. Cf. contract for deed under CONTRACT. [Cases: Vendor and Purchaser  27. C.J.S. Vendor and Purchaser § 22.][Blacks Law 8th]

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