Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “indenture”

indenture

noun [C]     /ɪnˈdentʃər/
FINANCE 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.
especially in the past, a formal agreement that someone will work for someone else for a particular length of time, especially in order to learn a job: On the completion of his indenture, he continued to attend night school. The apprenticeship indentures were signed by the guild master and the apprentice's guardian.
(Definition of indenture noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of indenture

Word of the Day

beneficiary

a person or group who receives money, advantages, etc. as a result of something else

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More