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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.

Michael was a self-proclaimed indentured servant to a former record company, a martyr. A Scottish indentured servant and three black slaves were also punished. Most white laborers also came to the colony as indentured servants. The number of indentured servants among immigrants was particularly high in the South.

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.

Definition of indentured : required by contract to work for another for a certain period of time Composed mainly of indentured laborers, the first migrant community was established on Mauritius by Indian emigrants in 1834, the year in which slavery was abolished in the British empire.

Home » Accounting Dictionary A» What is an Indenture? Definition: An indenture is a legally binding bond or loan document in which two parties agree on a set of conditions and loan terms requiring the borrower to pay the lender a series of principle and interest payments over time.

1. He was indentured to a carpenter. 2. His son was indentured to the local blacksmith.

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.

Indenture in a Sentence d83ddd09The attorney had his client sign the indenture before officially beginning work on his case.A copy of the trust indenture can be found in a file with the company's other legal contracts.More items...

Indentured synonyms In this page you can discover 6 synonyms, antonyms, idiomatic expressions, and related words for indentured, like: obligated, bound, enslaved, contracted, apprenticed and articled.

: a person who signs and is bound by indentures to work for another for a specified time especially in return for payment of travel expenses and maintenance.