Indenture Annotate For Free

Indenture refers to a legal and binding agreement, contract, or document between two or more parties.Historically, indenture has also referred to a contract binding one person to work for another for a set period of time (indentured servant), particularly European immigrants.

Indentured sentence example So at the age of fifteen, he signed up with his father's approval as an indentured apprentice onboard the " Oneida " . The supply of indentured servants from England was soon inadequate to meet the labor needs of the sugar industry.

Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Traditionally, these documents featured indented sides or perforated edges.In modern day finance, the word indenture most commonly appears in bond agreements, real estate deals, and some aspects of bankruptcies.

A written agreement between the issuer of debt securities (such as bonds, notes, or debentures) and the trustee for the debt securities acting as a representative of the securityholders that specifies the terms and conditions of the debt securities, including the interest rate, maturity, any redemption terms, timing,

(Entry 1 of 2) 1a(1) : a document or a section of a document that is indented. (2) : a formal or official document usually executed in two or more copies. (3) : a contract binding one person to work for another for a given period of time often used in plural.

Indenture is a term that is subject to different meanings. In the context of real property, it refers to a type of real property deed in which two parties agree to continuing mutual obligations. One party may agree to maintain the property, while the other agrees to make periodic payments.

A contract wherein someone agrees to work for you for two years if you help him come to America is an example of indenture.When you give someone a loan in exchange for him signing a contract to work for you for a given period of time, this is an example of when you indenture him.