Indenture
Noun
Definition: A legal agreement, contract, or document.
Synonyms: Agreement, Contract, Deed, Bond
Antonyms: Nullification, Cancellation
- The parties signed an indenture to formalize their partnership agreement.
- The indenture outlined the terms and conditions of the loan.
- Think of an indenture as an agreement that binds two parties together.
Etymology:
Middle English 'endenture', from Anglo-French, from 'endent' (indented), referring to the pattern of cutting the document in duplicate or triplicate with notches or indents along the top or side edge.
Historical Usage:The term "indenture" originated in the 14th century and was commonly used in legal and business contexts to refer to written contracts or agreements that were cut in a distinct pattern for authentication and identification purposes. In the past, these documents were often separated into two or more parts with matching indents to establish their authenticity.
Related Idioms:
"Indentured servant"
Explanation:Refers to a person who has signed an indenture, typically in the context of historical labor systems where individuals bound themselves to work for a specific period of time in exchange for something (such as passage to a new country or repayment of debt).
Misconceptions:
Confusing "indenture" with "indent" (verb).
Explanation:While "indenture" is a noun referring to a legal document or agreement, "indent" as a verb means to create an indentation or make a notch. These terms are distinct in their usage and meanings.