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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 from the Cambridge Business English Dictionary © Cambridge University Press)
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