An indenture is a legal and binding contract, often between a bond issuer and bondholders. The Indenture pledges certain revenues as security for repayment of the Bonds.As defined in the Indenture. (d). A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. 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 meaning of INDENTURE is a document or a section of a document that is indented. How to use indenture in a sentence. The Series 2017 Bonds are being issued pursuant to a Bond Indenture, dated as of November 1, 2017 (the. Detained in a juvenile court detention facility. 4. Committed to the department of juvenile corrections. Sec. 6.