Debt bondage (or bonded labour) is when a person pledges him or herself against a loan. In debt bondage, the services required to repay the debt may be undefined, and the services' duration may be undefined. Debt bondage can be passed on from generation to generation.
In modern times, debt bondage is most prevalent in South Asia.
Read more about Debt Bondage: Legal Definition, Modern Views
Famous quotes containing the words debt and/or bondage:
“Ambition’s debt is paid.”
—William Shakespeare (1564–1616)
“... the histories of Blacks and Jews in bondage and out of bondage, have been blood histories pursued through our kindred searchings for self-determination. Let this blood be a stain of honor that we share. Let us not now become enemies to ourselves and to each other.”
—June Jordan (b. 1936)