Indenture
/ɪnˈdɛn.tʃər/
Definitions
- (n.) A formal legal agreement, contract, or document between two or more parties.
They executed an indenture to formalize the loan agreement.
- (v.) To bind by or as if by indenture; to execute a formal contract.
The apprentice was indentured to the master craftsman for five years.
Forms
- indentures
- indentured
- indenturing
Related terms
See also
Commentary
Often used historically for binding agreements such as apprenticeships or bonds; modern usage typically appears in financial or property contexts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.