Indenture Edit For Free

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,

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.

Indentured servants were men and women who signed a contract (also known as an indenture or a covenant) by which they agreed to work for a certain number of years in exchange for transportation to Virginia and, once they arrived, food, clothing, and shelter.

Is that indenture is (legal) a contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice) while deed is an action or act; something that is done.

1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.

Indentured servitude differed from slavery in that it was a form of debt bondage, meaning it was an agreed upon term of unpaid labor that usually paid off the costs of the servant's immigration to America. Indentured servants were not paid wages but they were generally housed, clothed, and fed.

1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.