Indenture (Noun)
Meaning 1
A contract binding one party into the service of another for a specified term.
Classification
Nouns denoting communicative processes and contents.
Examples
- The young apprentice signed an indenture with the master craftsman, agreeing to work for seven years in exchange for room and board.
- In the 18th century, many immigrants came to America as indentured servants, working for several years to pay off their passage.
- The contract was an indenture that required the servant to work on the plantation for five years without pay.
- She had to sign an indenture with the company, committing her to work as a domestic servant for three years.
- The historical document was an indenture between a wealthy landowner and a poor laborer, outlining the terms of the laborer's service.
Related Words
Meaning 2
The space left between the margin and the start of an indented line.
Classification
Nouns denoting communicative processes and contents.
Examples
- The editor carefully adjusted the indenture to ensure the paragraphs were formatted correctly.
- In the style guide, the recommended indenture for the first line of each paragraph was five spaces.
- The writer struggled to maintain a consistent indenture throughout the manuscript.
- The typesetter used a large indenture to create a visually appealing layout for the poem.
- The formatting software allowed users to customize the indenture for different types of documents.
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Hypernyms
Meaning 3
A concave cut into a surface or edge (as in a coastline).
Classification
Nouns denoting two and three dimensional shapes.
Examples
- A secluded cove formed by a deep indenture in the rocky coastline made it the perfect spot for a relaxing day at the beach.
- The world map clearly showed the large indenture of Hudson Bay as part of Canada's north shore.
- Erosion had created a narrow indenture in the canyon wall where hikers often stopped to rest.
- Divers explored the rich ecosystem that thrived in the large indenture near the coral reef.
- Scientists studied the irregular indenture of the coastline to analyze its impact on climate patterns and ocean currents.
Synonyms
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Hyponyms
Meaning 4
Formal agreement between the issuer of bonds and the bondholders as to terms of the debt.
Classification
Nouns denoting communicative processes and contents.
Examples
- The indenture outlined the schedule for interest payments on the corporate bond issue.
- Under the indenture, the company pledged certain assets as security for the debt, giving bondholders a greater sense of protection.
- The bond indenture included a call provision that allowed the issuer to redeem the debt before maturity under certain circumstances.
- According to the indenture, the company was required to maintain a minimum debt-to-equity ratio to avoid technical default.
- The lawyers carefully reviewed the bond indenture before it was signed to ensure compliance with all relevant securities laws.