indenture

indenture
In modern sense, a deed executed by both grantor and grantee or all parties to the instrument. The term derives from an old practice of actually "indenting" the deed executed by both grantor and grantee or all parties to the instrument. Sterling v Park, 129 Ga 309, 58 SE 828. Anciently, deeds of indenture were deeds which were made in two parts formed by cutting or tearing a single sheet across the middle in a jagged or indented line, so that the two parts might be subsequently matched, and they were executed by both grantor and grantee. Later the indenting was discontinued, yet the term came to be applied to all deeds which were executed by both parties. See 2 Bl Comm 295.

Ballentine's law dictionary. . 1998.

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  • indenture — in·den·ture /in den chər/ n [Old French endenture an indented document, from endenter to indent (divide a document into sections with irregular edges that can be matched for authentication), from en thoroughly + dent tooth] 1: a document stating… …   Law dictionary

  • Indenture — In*den ture, v. t. [imp. & p. p. {Indentured}; p. pr. & vb. n. {Indenturing}.] [1913 Webster] 1. To indent; to make hollows, notches, or wrinkles in; to furrow. [1913 Webster] Though age may creep on, and indenture the brow. Woty. [1913 Webster]… …   The Collaborative International Dictionary of English

  • indenture — Any deed, written contract or sealed agreement. (Dictionary of Canadian Bankruptcy Terms) Under Title 11 U.S.C. Section 101: (28) The term indenture means mortgage, deed of trust, or indenture, under which there is outstanding a security, other… …   Glossary of Bankruptcy

  • indenture — (n.) contract for services, late 14c., from Anglo Fr. endenture, O.Fr. endenteure indentation, from endenter (see INDENT (Cf. indent)). Such contracts (especially between master craftsmen and apprentices) were written in full identical versions… …   Etymology dictionary

  • indenture — ► NOUN 1) a formal agreement, contract, or list, formerly one of which copies with indented edges were made for the contracting parties. 2) an agreement binding an apprentice to a master. 3) historical a contract by which a person agreed to work… …   English terms dictionary

  • indenture — [in den′chər] n. [ME endenture < OFr & < ML indentura: see INDENT1: now used also as if < INDENT2] 1. Now Rare INDENTATION 2. a written contract or agreement: originally, it was in duplicate, the two copies having correspondingly notched …   English World dictionary

  • Indenture — In*den ture (?; 135), n. [OE. endenture, OF. endenture, LL. indentura a deed in duplicate, with indented edges. See the Note below. See {Indent}.] [1913 Webster] 1. The act of indenting, or state of being indented. [1913 Webster] 2. (Law) A… …   The Collaborative International Dictionary of English

  • Indenture — In*den ture, v. i. To run or wind in and out; to be cut or notched; to indent. Heywood. [1913 Webster] …   The Collaborative International Dictionary of English

  • indenture — /indentyar/ In business financing, a written agreement under which bonds and debentures are issued, setting forth form of bond, maturity date, amount of issue, description of pledged assets, interest rate, and other terms. Typically, the contract …   Black's law dictionary

  • indenture — /indentyar/ In business financing, a written agreement under which bonds and debentures are issued, setting forth form of bond, maturity date, amount of issue, description of pledged assets, interest rate, and other terms. Typically, the contract …   Black's law dictionary

  • Indenture — NOTOC An Indenture is a legal contract between two parties, particularly for indentured labour or a term of apprenticeship but also for certain land transactions. The term comes from the medieval English indenture of retainer cite… …   Wikipedia

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