Debt bondage means inducing an individual to provide:

Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a per- son under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied toward the liquidation of the debt or the length and nature of those services are not respectively limited and defined.

Examples of Debt bondage in a sentence

We will provide periodic account statements and other information pertaining to activity in your account.
Debt bondage is a problem that often leads to human trafficking and child labor and is well documented in the agricultural sector in India.168 Without being able to speak with farm workers or worker representatives, we were not able to explore the prevalence of debt bondage in the region satisfactorily.
Debt bondage is a modern form of slavery and recognized as such by the United Nations.30 The currentdefinition of debt bondage was formulated by the United Nations Supplementary Convention on the Abolition of Slavery, the Slave Trade, and Institutions and Practices Similar to Slavery, in 1956.
Debt bondage: Victims are forced to work to pay off debts that realistically they will never be able to pay off.
Debt bondage (also referred to as “bonded labor”) is commonly employed as a means of compelling trafficked persons to enter and remain in exploitative and abusive work situations.

More Definitions of Debt bondage

Debt bondage means the involuntary status or condition that arises from a pledge by a person of -

Debt bondage means the status or condition of a debtor arising from a pledge of the debtor’s personal services or a person under the control of a debtor’s personal services as a security for debt if the reasonable value of such services is not applied toward the liquidation of the debt or the length and nature of those services are not respectively limited and defined.

Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his personal services or those of a person under his control as a security for debt, if the value of those services as reasonably assessed is not applied toward the liquidation of the debt or the length and nature of those services are not respectively limited and defined or if the principal amount of the debt does not reasonably reflect the value of the items or services for which the debt was incurred.

Debt bondage means the status or condition of a debtor arising from a pledge by the debtor

Debt bondage means inducing a person to provide:

Debt bondage means inducing an individual to provide commercial sexual activity in payment toward or satisfaction of a real or purported debt or inducing an individual to provide labor or services in payment toward or satisfaction of a real or purported debt if the reasonable value of the labor or services is not applied toward the liquidation of the debt or if the length of the labor or services is not limited and the nature of the labor or services is not defined. The term does not include an effort by a creditor to collect an enforceable obligation by means that are permitted under state or federal laws.

Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied toward the liquidation of the debt or the length and nature of those services are not respectively limited and defined. “Employee” means an employee of the Contractor directly engaged in the performance of work under the contract who has other than a minimal impact or involvement in contract performance. “Forced Labor” means knowingly providing or obtaining the labor or services of a person—

Debt bondage definition

Related Definitions