A provision in a bond issue which states that the holder has exclusive right to the collateral pledged to secure the issue. The bond carries less risk than those that are secured with a partial claim to the collateral pledged to multiple bonds; therefore the premium is typically lower.
Related information about closed-end indenture:
- Closed-End Indenture Definition | Investopedia
A term in a bond contract that guarantees that the collateral used to back the bond issue cannot be used again to back another bond issue. This is the opposite ...
- Closed-End Indenture - Financial Dictionary - The Free Dictionary
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 ...
- Closed-end funds - The Free Dictionary
Closed-End Indenture · Closed-End Indentures · Closed-End Investment Companies · Closed-End Investment Companies · closed-end investment company ...
- Closed-End Investment Companies - The Free Dictionary
Closed-End Indenture · Closed-End Indentures. Closed-End Investment Companies. closed-end investment company · closed-end investment company ...
- What is closed-end indenture? definition and meaning
Definition of closed-end indenture: A provision in a bond issue which states that the holder has exclusive right to the collateral pledged to secure the issue.
- What is indenture? definition and meaning
Mentioned in these terms. Trust Indenture Act of 1939 · closed-end indenture · bond indenture. Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ ...
- What is closed-end investment company? definition and meaning
closed-end investment company. closed-end indenture · Corporate Securities Limited Representative. Definition. A fund with a fixed number of shares ...
- NOTES ON THE REVISED MODEL SIMPLIFIED INDENTURE ...
May 1, 2000 ... However, the Model Simplified Indenture is a closed-end indenture and contemplates a single series of debt instruments, in a specific ...