indenture

in·den·ture

Use indenture in a sentence

noun

The description of indenture is a written contract of agreement, especially one in which one party is bound to work for another for a given period of time.
A contract wherein someone agrees to work for you for two years if you help him come to America is an example of indenture.

verb

Indenture is defined as to bind or commit someone to work for you, usually using some type of legal contract.
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.

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"indenture." YourDictionary, n.d. Web. 31 January 2019. <https://www.yourdictionary.com/inDENTURE>.

APA Style

indenture. (n.d.). Retrieved January 31st, 2019, from https://www.yourdictionary.com/inDENTURE

indenture

Now Rare indentation
a written contract or agreement: originally, it was in duplicate, the two copies having correspondingly notched edges for identification
[often pl.] a contract binding a person to work for another for a given length of time, as an apprentice to a master, or an immigrant to service in a colony
an official, authenticated list, inventory, etc.
Finance a document containing the terms under which bonds are issued

Origin of indenture

Middle English endenture from Old French and from Medieval Latin indentura: see indent

transitive verb

-·tured, -·tur·ing

to bind by indenture
Archaic indent

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MLA Style

"indenture." YourDictionary, n.d. Web. 31 January 2019. <https://www.yourdictionary.com/inDENTURE>.

APA Style

indenture. (n.d.). Retrieved January 31st, 2019, from https://www.yourdictionary.com/inDENTURE

indenture

noun

often indentures A contract binding one party into the service of another for a specified term.
a. A deed executed by more than one party.
b. An instrument or agreement specifying the terms of a bond or trust.
A document separated into portions so as to create indentations that allow the holders of the separate portions to match up in order to confirm authenticity.

transitive verb

in·den·tured, in·den·tur·ing, in·den·tures

To bind into the service of another by indenture.

Origin of indenture

Middle English endenture a written agreement from Anglo-Norman from endenter to indent (from the matching notches on multiple copies of the documents) ; see indent ¹.

THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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MLA Style

"indenture." YourDictionary, n.d. Web. 31 January 2019. <https://www.yourdictionary.com/inDENTURE>.

APA Style

indenture. (n.d.). Retrieved January 31st, 2019, from https://www.yourdictionary.com/inDENTURE

Noun

(plural indentures)

(law) A contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice).
(law) A document, written as duplicates separated by indentations, specifying such a contract.
An indentation.

Verb

(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.

Origin

Anglo-Norman endenture, from Old French endenteure, from endenter.

English Wiktionary. Available under CC-BY-SA license.

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MLA Style

"indenture." YourDictionary, n.d. Web. 31 January 2019. <https://www.yourdictionary.com/inDENTURE>.

APA Style

indenture. (n.d.). Retrieved January 31st, 2019, from https://www.yourdictionary.com/inDENTURE

indenture - Investment & Finance Definition

A written agreement between a company and its lender that spells out the terms of the debt issue. The terms include the amount of bonds issued and their type, the interest rate that is paid, a description of the property that is being used as collateral, repayment provisions, and call provisions in the event that a company wants to redeem the bond before it matures. The indenture also lists any financial covenants that the company has to follow, such as maximum debt level ratios or minimum cash flow.

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MLA Style

"indenture." YourDictionary, n.d. Web. 31 January 2019. <https://www.yourdictionary.com/inDENTURE>.

APA Style

indenture. (n.d.). Retrieved January 31st, 2019, from https://www.yourdictionary.com/inDENTURE

indenture - Legal Definition

n

A document such as a mortgage or deed of trust, which provides for security for a financial obligation, and which sets forth essential terms such as interest rate and due date or maturity date.