Indenture Export For Free

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.

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.

The term comes from the medieval English "indenture of retainer" a legal contract written in duplicate on the same sheet, with the copies separated by cutting along a jagged (toothed, hence the term "indenture") line so that the teeth of the two parts could later be refitted to confirm authenticity (chirograph).

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.

An indenture agreement is a contract between a bond issuer and bondholders. The indenture agreement is a technical document that covers all the provisions related to the bond and how the bond is managed daily. The agreement includes details relating to: Terms and conditions of the bonds. The exact date of maturity.

Definition of indenture (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.

Indentured labour was a system of bonded labour that was instituted following the abolition of slavery.The indentured workers (known derogatively as 'coolies') were recruited from India, China and from the Pacific and signed a contract in their own countries to work abroad for a period of 5 years or more.