Closed-End Indenture

0.01 sec.

A provision in an indenture stating that the collateral securing a bond may not secure any other bond issues. A closed-end indenture means that the issuer may only use the stated collateral on a single bond issue; this ensures that only bondholders of that issue have a claim to that collateral in the event of default. As a result, a secured bond with a closed-end indenture carries less risk than a secured bond with an open-end indenture, which allows collateral to secure multiple bonds.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
Open-End Indenture			Clearstream International CLF Click-Through Rate client Clientele Effect Cliff Effect Clifford Trust Climax Climber Clip Cliquet CLO CLOB Clone Fund Close Close a Position close corporation Close Market Close Period Close-End Credit Closed Corporation Closed Fund Closed Out Closed Year Closed-End Fund Closed-End Indenture Closed-End Investment Company Closed-end management company closed-end mortgage Closed-Market Transaction Closely Held Closely Held Company closely held corporation Closely Held Shares Closet Index Fund Closet Indexing closing closing agent Closing Balance Closing Bell closing company closing costs closing date Closing Price closing protection letter Closing Purchase Closing Quote Closing Range Closing Rate Closing Sale closing statement			closed-circuit helium dilution closed-circuit pulverizing Closed-circuit security Closed-circuit security closed-circuit signaling closed-circuit telegraph system closed-circuit telephone closed-circuit television closed-circuit television Closed-Circuit Television System Closed-circuit TV Closed-circuit TV closed-circuit TV surveillance system Closed-Circuit Video Equipment closed-class word closed-coil armature closed-cycle fuel cell Closed-Cycle Propulsion Test Vehicle closed-cycle reactor Closed-Cycle Refrigerator closed-cycle turbine closed-door closed-end Closed-End Country Fund closed-end fund closed-end fund closed-end fund Closed-End Fund Association Closed-end funds Closed-end funds Closed-End Indenture Closed-End Indentures Closed-End Investment Companies Closed-End Investment Companies closed-end investment company closed-end investment company closed-end investment company closed-end investment company Closed-End Lease Closed-End Lease Closed-End Lease Closed-End Leases Closed-End Leases Closed-End Leases Closed-end leasing Closed-end leasing Closed-end leasing Closed-end management company Closed-end mortgage Closed-End Mortgages Closed-End Mutual Fund Closed-End Mutual Fund Closed-end mutual funds Closed-end mutual funds closed-end trust closed-end trust closed-end trust Closed-ended Closed-ended fund Closed-ended fund Closed-Ended Questions

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.