indenture
Short definition from Wiktionary
Noun
- A contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice).
- A contract relating to lending (typically for issuing a bond), a real estate transaction, or a bankruptcy that imposes additional conditions on one or both parties.
- A document, written as duplicates separated by indentations, specifying either of the above contracts.
- An indentation; a recess.
Verb
- To bind a person under such a contract.
- To indent; to make hollows, notches, or wrinkles in; to furrow.
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