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- DictionaryIn·den·ture/inˈden(t)SHər/
noun
- 1. a legal agreement, contract, or document.
verb
- 1. bind (someone) by an indenture as an apprentice or laborer: historical "landowners tried to get their estates cultivated by indentured laborers"
The meaning of INDENTURE is a document or a section of a document that is indented. How to use indenture in a sentence.
An indenture is a legal contract that reflects or covers a debt or purchase obligation. It specifically refers to two types of practices: in historical usage, an indentured servant status, and in modern usage, it is an instrument used for commercial debt or real estate transaction.
noun. any deed, contract, or sealed agreement between two or more parties. (formerly) a deed drawn up in duplicate, each part having correspondingly indented edges for identification and security. often plural a contract between an apprentice and his master.
a written agreement that states the rights and responsibilities of a company that sells a bond and someone who buys it: The securities were issued under an indenture, dated as of June 1, 2009. an indenture trustee.
a written agreement that states the rights and responsibilities of a company that sells a bond and someone who buys it: The securities were issued under an indenture, dated as of June 1, 2009. an indenture trustee.
An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.
1. (Law) any deed, contract, or sealed agreement between two or more parties. 2. (Law) (formerly) a deed drawn up in duplicate, each part having correspondingly indented edges for identification and security. 3. (Commerce) ( often plural) a contract between an apprentice and his master.
noun. 1. any deed, contract, or sealed agreement between two or more parties. 2. (formerly) a deed drawn up in duplicate, each part having correspondingly indented edges for identification and security. 3. (often plural) a contract between an apprentice and his or her master. 4.
Definition of indenture noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Indenture definition: A contract binding one party into the service of another for a specified term.
An indenture is a formal legal agreement. Many earned passage to the British colonies by indenturing, or selling, themselves to a master for a period of seven years–-they were called indentured laborers. Indenture can describe what you owe to someone else.
The meaning of INDENTURED is required by contract to work for another for a certain period of time. How to use indentured in a sentence.
Feb 26, 2023 · An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and...
At its simplest, an indenture is an agreement that declares benefits and obligations between two or more parties. In bankruptcy law, for example, it is a mortgage or deed of trust that constitutes a claim against a debtor. The most common usage of indenture appears in the bond market.
What does the noun indenture mean? There are nine meanings listed in OED's entry for the noun indenture, three of which are labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence. indenture has developed meanings and uses in subjects including.
May 21, 2024 · indenture (plural indentures) A contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice).
Indenture is a legal contract between a borrower and a lender that outlines the terms and conditions of a debt issue. Learn about types, terms and sig.
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.
indenture /ɪnˈdɛntʃə/ n. any deed, contract, or sealed agreement between two or more parties. (formerly) a deed drawn up in duplicate, each part having correspondingly indented edges for identification and security. ( often plural) a contract between an apprentice and his master. a less common word for indentation.
A complete guide to the word "INDENTURE": definitions, pronunciations, synonyms, grammar insights, collocations, examples, and translations.
Indentured servitude is a form of labor in which a person is contracted to work without salary for a specific number of years. The contract, called an "indenture", may be entered voluntarily for purported eventual compensation or debt repayment, or imposed involuntarily as a judicial punishment.
Mar 16, 2021 · What is a Bond Indenture Agreement? An indenture agreement is the formal contract between a bond issuer and the bondholders. It sets forth the details of all the terms and conditions of the bonds, such as the exact day of their maturity, the timing of the interest payments and how they are calculated, and the details of any special features.
May 8, 2022 · A trust indenture is legal and binding bond contract made between a bond issuer and a trustee to protect the bondholder's interests.
Jul 19, 2024 · The SEC performs a variety of functions, including: Protecting investors from financial fraud or manipulation. Enforcing securities laws and regulations. Regulating the activities of brokers ...
(b) The indenture may control the priority between successive issues and may contain any other terms, covenants, and conditions that are deemed desirable, including without limitation, those pertaining to: (1) The custody and application of the proceeds of the bonds; (2) The maintaining of rates and charges; (3) The collection and disposition ...
