Definitions for debt bondage
This page provides all possible meanings and translations of the word debt bondage
A condition similar to slavery where human beings are unable to control their lives or their work due to unpaid debts.
Debt bondage is a person's pledge of their labor or services as repayment for a loan or other debt. 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. Debt bondage was very common in Ancient Greece. In ancient Athens, Solon forbade taking out loans using oneself as a security and ended any current such debts. In modern times, debt bondage is most prevalent in South Asia; see Debt bondage in India.
Find a translation for the debt bondage definition in other languages:
Select another language:
Discuss these debt bondage definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"debt bondage." Definitions.net. STANDS4 LLC, 2015. Web. 3 Mar. 2015. <http://www.definitions.net/definition/debt bondage>.