noun a formal legal agreement, contract, or document, especially one relating to the borrowing of money or the hiring of labor
verb to bind by or as if by an indenture; to bind into service by or as if by indenture; to apprentice
In real estate, an indenture is commonly used in property agreements, such as mortgages and land sales.
In law, an indenture is a legal contract binding two or more parties, often used in agreements such as deeds, leases, and bonds.
In finance, an indenture refers to a legal document that outlines the terms and conditions of a bond issue.
In apprenticeship programs, an indenture is a written agreement between an apprentice and employer outlining the terms of the apprenticeship.
In the publishing industry, indenture may refer to a contract between a writer and a publisher outlining the terms of publication and royalties.
In the field of psychology, indenture could refer to a legal agreement between a psychologist and a client, outlining the terms of therapy and confidentiality.
Lawyers may use indenture to refer to a formal written agreement between parties, such as a contract or deed, that is legally binding.
Historians may use indenture to refer to historical documents, such as indentured servitude contracts from the colonial period, which detail agreements between laborers and employers.