Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Indenture is a legal contract between a borrower and a lender that outlines the terms and conditions of a debt issue.Learn about types, terms and sig. A contract between an Issuer and a Trustee (normally a commercial bank with trust powers) under which the Issuer issues Bonds and specifies their Maturities. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. Any capitalized term used in this Bond and not otherwise defined shall have the meaning ascribed to such term in the Series 2015 Indenture. This year's Annual Comprehensive Financial Report showcases the Aging Services. An indenture, signed at the closing of the issuance of the notes, is a contract between the issuer of the notes, any guarantors of the debt and the trustee. The change in the governmental fund type definition resulted in the combining of certain special revenue funds for reporting purposes. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests.