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Simple English definitions for legal terms

indenture

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A quick definition of indenture:

An indenture is a special kind of contract between two or more people. It started a long time ago in England and was used to talk about things like land and work agreements. Nowadays, we still use indentures for some kinds of work contracts, like apprenticeships. We also use them when companies want to borrow money by selling bonds. An indenture is like a special set of rules that everyone agrees to follow so that everyone knows what to expect.

A more thorough explanation:

An indenture is a formal contract or deed made between two or more parties. It was first used in medieval England and is still used today. An indenture is a specific agreement within a contract that is noted with a specific duration or significance.

For example, in the past, indentures were used to convey land and for service contracts of seven years. Today, indentures are used for some apprenticeship contracts in the U.S. Bond indentures are also used to delineate various interests when companies issue bonds in financing agreements. These create assurances for the bonds. A corporate indenture would be a deed describing terms and conditions for debt securities issuance.

Overall, an indenture is a formal agreement that outlines specific terms and conditions between two or more parties. It is a legally binding document that is used to ensure that all parties involved understand their obligations and responsibilities.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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