Indenture Meaning With Examples In Orange
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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.
First, in an Indenture, the Trustee accepts its duties to the bondholders and agrees to monitor and handle the moneys received from the Bond Issue, to handle the revenues pledged as Security for the repayment of the Bonds, to deposit moneys into the various funds and accounts created under the Indenture and to make any ...
An indenture is a particular formal contract or deed made between two or more parties . Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.
In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.
A contract between an Issuer and a Trustee (normally a commercial bank with trust powers) under which the Issuer issues Bonds and specifies their Maturities, Interest Rates, Redemption provisions, form, exchange provisions, security and other terms.
/ɪnˈden.tʃɚ/ Add to word list Add to word list. (in the past) to officially agree that someone, often a young person, will work for someone else, especially in order to learn a job: be indentured to He was indentured to a carpenter. The land was worked on by indentured servants.
: 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.
To be indentured is to be forced to work by some contract. It started out as a word for a contract between masters and apprentices. Now it describes anyone bound to work, like it or not, because of some deal. Use the adjective indentured to describe someone who's bound or attached in a legal sense.
An indenture is a legal binding document that the Kerch use to repay services from one person to another. Some indentures are forced upon people who have no knowledge of what the agreement entails. Many agreements are manipulated to prolong the indentured person's servitude.
Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance. Indentures were initially used to convey land and for service contracts of seven years.
