Meaning of the word indenture in English

What does indenture mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

indenture

US /ɪnˈden.tʃɚ/
UK /ɪnˈden.tʃər/

Noun

a formal legal agreement, contract, or document, especially one that binds an apprentice to a master or a servant to an employer

Example:
The young man signed an indenture to serve as an apprentice for seven years.
Many immigrants came to the colonies under an indenture system.

Verb

to bind (someone) by an indenture as an apprentice or laborer

Example:
He was indentured to a blacksmith for five years.
The company indentured several workers from overseas.