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Foreign indenture is a formal agreement between a bond issuer and bondholders that outlines key details such as maturity date, interest rate, convertibility, and other options. The term "indenture" dates back to when multiple copies of a document were created on a single piece of parchment, which was then cut into individual deeds. This cutting process produced irregular, indented edges, allowing the authenticity of one copy to be verified against another in the future.