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)
“Thus I alone, where all my freedom grew,
In prison pine with bondage and restraint;
And with remembrance of the greater grief
To banish the less, I find my chief relief.”
—Henry Howard, Earl Of Surrey (1517?–1547)