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.
Investment interest is tax deductible by individuals only to the extent of investment income. Investment income means interest from investment property, including net capital gains. Examples of investment income include interest received and dividends.