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1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.

An indenture agreement is the formal contract between a bond issuer and the bondholders. It sets forth the details of all the terms and conditions of the bonds, such as the exact day of their maturity, the timing of the interest payments and how they are calculated, and the details of any special features.

Indentured servitude reappeared in the Americas in the mid-nineteenth century as a means of transporting Asians to the Caribbean sugar islands and South America following the abolition of slavery. Servitude then remained in legal use until its abolition in 1917.

An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants.

Slavery replaced indentured servitude in the colonies in the 1660s because purchasing slaves became more economical for planters. Life expectancy in the Chesapeake and Southern colonies had increased, which meant that indentured servants were living long enough to fulfill their terms of indenture.

The 13th Amendment, passed in the wake of the American Civil War, made indentured servitude illegal in the United States.

Although experts do not agree on the causes of the decline, possible factors for the American colonies include changes in the labor market and the legal system that made it cheaper and less risky for an employer to hire African slave labor or paid employees, or made indentures unlawful; increased affordability of

1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.

At its simplest, an indenture is an agreement that declares benefits and obligations between two or more parties.In bankruptcy law, for example, it is a mortgage or deed of trust that constitutes a claim against a debtor. The most common usage of indenture appears in the bond market.

Definition: An indenture is a legally binding bond or loan document in which two parties agree on a set of conditions and loan terms requiring the borrower to pay the lender a series of principle and interest payments over time.