Trust Indenture Act of 1939

Trust Indenture Act of 1939 definition - finance
Legislation that applies to bonds, notes, and debentures that are sold to the public. The law requires that the formal agreement between the bondsÂ’ issuer and the bondholder, called the trust indenture, complies with the requirements of the law. Adherence to the law is required even if the securities are registered under the provisions of other securities laws.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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