indenture

noun
in·​den·​ture | \ in-ˈden-chər How to pronounce indenture (audio) \

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
b : a formal certificate (such as an inventory or voucher) prepared for purposes of control
c : a document stating the terms under which a security (such as a bond) is issued
3 [ 3indent ] : dent

indenture

verb
indentured; indenturing\ in-​ˈden-​ch(ə-​)riŋ How to pronounce indenturing (audio) \

Definition of indenture (Entry 2 of 2)

transitive verb

: to bind (someone, such as an apprentice) by or as if by indentures

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Examples of indenture in a Sentence

Noun

the dropped hammer left an indenture in the floor made a small indenture to mark the spot where the plank was to be sawed

Recent Examples on the Web: Noun

The Old World models were more like an indenture, where there was a term of labor to be paid, and then freedom would be granted. Kelley Fanto Deetz, The Conversation, "Setting the historical record straight for the critics of The New York Times project on slavery in America," 23 Aug. 2019 The trust indenture expressly forbade moving the Barnes art. Stephan Salisbury, Philly.com, "Open space restrictions will keep Barnes Foundation Chester County estate free from development," 10 May 2018 Of course, the same trust indenture that expressly forbids moving the Merion wall ensembles and the foundation’s desire to do so, announced in 2002, led to one of the epic legal battles in American art history. Stephan Salisbury, Philly.com, "Barnes Foundation says St. Joe's lease deal does not mean sales are in the works," 19 Mar. 2018 Since the financial crisis, private-equity firms in particular, have taken advantage of strong, high-yield markets to increasingly write in looser terms in bond indentures and credit agreements at their portfolio companies. Andrew Scurria, WSJ, "J.Crew Holdouts Stumble in Debt-Exchange Lawsuit," 26 Apr. 2018 GoldenTree’s law firm Willkie Farr & Gallagher LLP spelled out the concern in a letter last week saying that investors were troubled about a potential financing deal built around a misreading of Frontier’s debt indentures. Andrew Scurria, WSJ, "Frontier Communications Creditors Jockey in Refinancing Push," 5 Apr. 2018 Why should someone with no interest in college indenture himself for a year for the pay of a scholarship and a small stipend? Paul Daugherty, Cincinnati.com, "Paul Daugherty: Darius Bazley's G League gamble will have fallout for years to come," 31 Mar. 2018 And the art moved, trust indenture notwithstanding. Stephan Salisbury, Philly.com, "Barnes Foundation says St. Joe's lease deal does not mean sales are in the works," 19 Mar. 2018 Last year the 1860 Indian Museum, dedicated to indenture, opened in Durban. The Economist, "The legacy of Indian migration to European colonies," 31 Aug. 2017

Recent Examples on the Web: Verb

Just as the Sarajevan zoo bear lived a kind of mirror life to the citizens held hostage nearby, Obreht’s indentured camel in colonized lands articulate all that is left unsaid by its human master. Josephine Livingstone, The New Republic, "Téa Obreht Considers the Camel," 28 Aug. 2019 Income share agreements have long been criticized for being modern-day forms of indentured servitude and even described as predatory and discriminatory if taken to the extreme. Polina Marinova, Fortune, "Term Sheet -- Thursday June 27," 27 June 2019 Income share agreements have long been criticized for being modern-day forms of indentured servitude and even described as predatory and discriminatory if taken to the extreme. Polina Marinova, Fortune, "Term Sheet -- Thursday June 27," 27 June 2019 Income share agreements have long been criticized for being modern-day forms of indentured servitude and even described as predatory and discriminatory if taken to the extreme. Polina Marinova, Fortune, "Term Sheet -- Thursday June 27," 27 June 2019 Income share agreements have long been criticized for being modern-day forms of indentured servitude and even described as predatory and discriminatory if taken to the extreme. Polina Marinova, Fortune, "Term Sheet -- Thursday June 27," 27 June 2019 Some had also been pushed into magazine sales crews, forced to work selling subscriptions door to door in a situation that verged on indentured servitude. Michelle Theriault Boots, Anchorage Daily News, "Study shows extent of human trafficking among homeless Anchorage youths," 19 Apr. 2017 In The Nightingale, out next month, Franciosi plays Clare, a 21-year-old Irish convict indentured to a British lieutenant in Tasmania in the 1820s. Francesca Mari, Vogue, "Meet Aisling Franciosci, Breakout Star of This Summer's Most Provocative Indie," 12 July 2019 Income share agreements have long been criticized for being modern-day forms of indentured servitude and even described as predatory and discriminatory if taken to the extreme. Polina Marinova, Fortune, "Term Sheet -- Thursday June 27," 27 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'indenture.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of indenture

Noun

14th century, in the meaning defined at sense 1a(1)

Verb

1676, in the meaning defined above

History and Etymology for indenture

Noun

Middle English endenture, from Anglo-French, from endenter

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More Definitions for indenture

indenture

noun
in·​den·​ture | \ in-ˈden-chər How to pronounce indenture (audio) \

Legal Definition of indenture

1 : a document stating the terms under which a security (as a debenture or other bond) is issued specifically, in bankruptcy law : a document (as a mortgage or deed of trust) under which there is outstanding security constituting a claim against a debtor, a claim secured by a lien on any of the debtor's property, or an equity security of the debtor
2 : a deed or other document to which two or more parties (as both grantor and grantee) are bound

History and Etymology for indenture

Old French endenture an indented document, from endenter to indent (divide a document into sections with irregular edges that can be matched for authentication), from en- thoroughly + dent tooth

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