Indentured With Meaning In Orange
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: a written agreement : contract. 2. : a contract by which one person is made to work for another for a stated period. often used in plural. indenture.
: required by contract to work for another for a certain period of time.
The term comes from the medieval English "indenture of retainer"—a legal contract written in duplicate on the same sheet, with the copies separated by cutting along a jagged (toothed, hence the term "indenture") line so that the teeth of the two parts could later be refitted to confirm authenticity (chirograph).
Relating to an official agreement that someone will work for someone else for a length of time, especially in order to learn a job: He served an indentured apprenticeship in mechanical engineering.
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.
Bound or forced by contract. synonyms: apprenticed, articled, bound. unfree.
Exemptions are available under the Act that permit an issuer to issue not more than $50 million of debt securities during a twelve-month period without an indenture, or, if the indenture limits the amount of securities that may be outstanding under it at any time to $10 million the indentures' substantive terms need ...
1985) (“Unlike the ordinary trustee, who has historic common-law duties imposed beyond those in the trust agreement, an indenture trustee is more like a stakeholder whose duties and obligations are exclusively defined by the terms of the indenture agreement.”); Harold L. Kaplan & Mark F.
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.
AN ACT To provide for the regulation of the sale of certain securities in interstate and foreign commerce and through the mails, and the regulation of the trust in- dentures under which the same are issued, and for other purposes.
