indenture (third-person singular simple present indentures, present participle indenturing, simple past and past participle indentured) To bind a person under such a contract. To indent; to make hollows, notches, or wrinkles in; to furrow. Though age may creep on, and indenture the brow. Derived terms . indenturedness; indentured servant; indentureship
The charge for the use of borrowed money. interest income. The income a person receives from certain bank accounts or from lending money to someone else. taxable interest income. Interest income that is subject to income tax. All interest income is taxable unless specifically excluded.
As opposite - 'qualified interest' is an interest earned on qualified tax exempt bonds. Hi and welcome to Just Answer! 'non-qualified interest' is a regular interest income which is typically reported on form 1099INT. In most situations that is an interest earned on a cash account used for investment.