Indenture
Categories: Muni Bonds, Insurance
An indenture is the paperwork behind a loan. It says that you are "indentured" (or bound and legally obligated) to pay off the loan or you lose the house or property you used as collateral for the loan.
An indenture is the paperwork behind a loan. It says that you are "indentured" (or bound and legally obligated) to pay off the loan or you lose the house or property you used as collateral for the loan.