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Encyclopedia Britannica - Main :: I27-INV |
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INDENTURE (through 0. Fr. endenture from a legal Latin term indent-ura, indentare, to cut into teeth, to give a jagged edge, in modurn dentium, like teeth) , a law term
special
deed executed between two or more parties, and having counterparts or copies equal to the number of parties. These copies were all drawn
paper divided by a toothed or "indented " line. The copies when separated along this waved line could then be identified as " tallies " when brought together. Deeds executed by one party only had a smooth or " polled " edge, whence the name " deed poll." By the Real Property Act 1845, 5, all deeds purporting to be " indentures " have the effect of an " indenture
indenture " is now used generally of any sealed agreement between two or more parties, and specifically of a contract of apprenticeship , whence the phrase " to take up one's indentures," on completion of the term, and also of a contract by labourers to serve in a foreign country or colony (see COOLIE
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